Most interior paints for the DIYer are water based and are generally an acrylic or latex formula which make the painting and drying process quick and easy. You'll have to consider the finish too when picking a paint generally from a flat, matte, eggshell, pearl or semi-gloss option, with flat being the least shiny and semi-gloss the most. The type of room you are painting usually dictates what finish you should choose but in general eggshell is a great middle of the road optimal finish.
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