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Updated over 3 years ago on . Most recent reply

Candace Hall's profile image
Candace Hall's profile image
Candace Hall
  • Rental Property Investor
  • Member since Jan 29, 2021
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Candace Hall's profile image
Candace Hall's profile image
Candace Hall
  • Rental Property Investor
  • Member since Jan 29, 2021
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Candace Hall
  • Rental Property Investor
12
Votes |
17
Posts
General Landlording & Rental Properties

Down Payment on A Home

Candace Hall
  • Rental Property Investor
Posted

Hello Everyone,

I am new to Real Estate so please be gentle 😊 I have also googled the answers but I'd like to get more opinions.

Is it possible to put $10,000 - $15,000 down on a home thats for sale and then resale it right after?

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Jody Sperling's profile image
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Jody Sperling
  • from Omaha, NE
  • Member since May 11, 2020
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Jody Sperling's profile image
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Jody Sperling
  • from Omaha, NE
  • Member since May 11, 2020
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Jody Sperling
  • Omaha, NE
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Jody Sperling
  • Omaha, NE
Replied

You can do that. I'm assuming you found a house that's vastly undervalued and you want to buy it and sell it at market value. If that's the case, the way you're asking about doing it would be considered by some as "ethical wholesaling." Best of luck!

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