Possible Land Flip or flip and hold

[Brittany Trevino]

I've never heard of this, but thought of the idea today..

I buy a house on .75 acre lot in a highly desired area for 25k using a hard money loan. Demo the house because its not worth the repair (Roughly 15k). Sell the land for more than what I paid for the lot & demo. Lots are around 55-70k for this size.

Or, another thought.. take an equity loan out on the property, pay back the hard money lender. Now I "own" this land with no money down.

Is it possible to do either of these?