If you're looking for long-term, We have investors from literally all over the country buying these new builds.Horton has been offering all sorts of $$ towards rate buy downs, upgrades, closing costs for months and its definitely hurt re-sells.

Are you talking about buying properties off of the MLS to then resell? 

First off there are complanies that do what you want to do currently- buying older homes, fixing up and then reselling.   

Re-sells are having a hard time competing bc Hortons Lender is offering much lower interest rates plus $$$ toward upgrades/buydowns/closing costs.Anyways just thought I'd share what is going on in my market!

(Since they will actually be in a worse position then than not selling.) they should ask for 30% or more down, which will give them 20%. 10% of that might be required to sell again. 2) if you can earn 5% or more guaranteed in the bank, what would you require from a stranger where it will cost you 10% to take back the loan and resell to get your money back?

This situation keeps a property appraisal low, which then limits the ability to hire an agent like me to resell on the open market for anywhere close to what an investor has paid. 

The other benefit of converting it to a mortgage is that it will be more valuable if you resell the loan.

Are you planning to resell? 

By the time you foreclosed and then pay $30-$40k in closing costs when including a realtor to resell. 

If you don’t publicly advertise the property, then you avoid that potion but some states RE departments may in fact still consider it brokering without a license unless you first close on the deal, then resell it to your buyer.