So, is it possible to get an outright loan for say 100,000 and use that to buy, flip and sell a house for a profit?

It goes to your preference, of course, but whichever can produce the greatest ROI should be considered.There are many markets in Michigan, for example, where it is cheaper to buy an existing house and fix it up than it is to build new.That may not be the case where you are at or through the construction suppliers and contractors you may have access to.To Your Success!

In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.

And although I'm grateful to have found another lender to get it done, it cost me more money in points, a higher interest rate because of the current rate was higher than previous, and I had to buy another appraisal for $750.The response I received from one of the founders of the company states: "We are not able to refund any amounts at this time as the time of quality control has passed....

If you do sell I would do a 1031 exchange We do need the cash to buy another property. 

Most mortgages say the lender has the right to buy homeowner's insurance for you if you don't prove you have it.

They also only charge 1.5% realtor commission for the selling side and obviously nothing for the buying side.

Investment Info:Single-family residence buy & hold investment.

So now I have both my personal residence and a leased property as STRs.Even though I live 3 hours away from my leased STR property, I've built a team that assists with managing it, so I don't have to be there all the time.Here are some key things I've learned:Regulations: Research the specific STR regulations in the state and city where you're looking to buy.

So it's not somewhere in between, it's heavily imbalanced to predatory behavior like the OP.