Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

109
Posts
37
Votes
Keith Belzner
  • Nottingham, MD
37
Votes |
109
Posts

How quickly can I resell an un-rehabbed house in Maryland?

Keith Belzner
  • Nottingham, MD
Posted

Hi BP, My question is how soon after purchasing a property can I turn around and resell it through a Realtor without doing any improvements, specifically in Maryland?

  I have been searching for the answer online but unable to find anything of value. I will be talking with my lawyer about this at our next meeting but thought I'd try here with all of the knowledge available. I have been told that you cannot sell like this at all as this was the definition of "flipping" and illegal.

For ex.

I purchase @ $65,000 with an ARV of $135,000 (if this even matters if I'm listing it)

I list it at $110,000 with no or little (less then 3% of arv) improvements.

Loading replies...