if i use all my own cash

[Danny Woodson]

a lady i know has a townhouse condo unit that she wants to sell. there is currently a tenant in there. it is an end unit.

back in october an end unit in top condition sold for 141k.

right now an end unit that looks identical to the one i am trying to get under contract is on the market for 159k.  all cosmetic work needs to be done to this one (over priced).

so if i expected to resell this one without putting any work into it, could i buy it for 110k?

i am using all of my own cash so there are no lending fees or anything

 110k --> 130k resale.

its only a 20k spread but if i use my own cash it cuts down a lot on the lending fees.  i would expect to resell it within a month