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Updated about 1 year ago,
1st Land Flip Question
I am contracting with a seller and am trying to understand my options on the close for my first land deal. I am considering a buy and hold or a flip. If I buy and hold it would be considerably less than if I flip it. I am looking to buy more land in the area so am concerned if I purchase much lower than if I flip it, that I would be shooting myself in the foot for other purchases in the area. I'm not trying to drive the market down for myself on other potential flips. Am I viewing this correctly or is there a way to do this that I might be missing?