Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
Only available to OWNER OCCUPANTS
Hey everyone,
I am looking at a property to flip in Baltimore, Maryland, in the details of the listing it says:
This is an NSO Bank Approved Short Sale and available only to OWNER OCCUPANTS.
I am trying to figure out what the details of this are. I personally own my own home and have no interest in living in this while it is being fix up and sold. Can I purchase the property in another persons name?
Yes my intention is to purchase the property as an investor and resell it.
What options do I have, and why wouldn't a bank be willing to sell to anyone?
Thanks
Ben Thomas