Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 almost 5 years ago,

User Stats

3
Posts
1
Votes
Victor Garner
1
Votes |
3
Posts

Unplanned Sale of New Construction Home

Victor Garner
Posted

We put a house under contract that was 75% complete. We planned to keep it as a rental, but someone is offering us a really nice price for it (that's a longer story). How can I "buy" the house and turn around and sell it quickly without incurring all of those lender fees. After all, I'm probably going to pay off the loan before the first payment is due. I don't have the total purchase price in cash, so it seems like I would have to take out a really short term loan, or is there a more clever way to do this?

Loading replies...