Duplex in Indiana

[Thomas Martin]

I searched the forums but came up empty, so I thought I'd post this here:

Is there any legal considerations or penalties to worry about in buying a duplex and then selling it immediately?  Is it possible to do a double closing, one in which I take ownership and then immediately following close on the sale?

I have an out of state buyer for a property that I am purchasing and would love to turn it over immediately.

Thanks for any help!