Purchase price: $150,000 Cash invested: $15,000 Sale price: $301,000 Found this deal off market and flipped it quickly for a profit.

I have been reading the online resources about getting started, searching the market, and even doing tours, but I am hesitant to jump in and buy a house as I have quite a large amount of student debt.

Its also a great way to increase values in a market since newer homes sales offer higher sale prices.

Is this marketing, sales, strategy?

Due-on-Sale Clause If transfer taxes are not a concern, the next consideration is the due-on-sale clause, which could lead to loan acceleration.

I'd suspect high sales prices in your area?

Could not find much online so figured I would turn to BP.

This tax is assessed on income derived from the leveraged portion of the real estate owned by the IRA, and also applies on the sale of leveraged property in an IRA.

However, there’s a due-on-sale clause risk, so proceed carefully.A lease option (rent-to-own) could also work if you need time to qualify for a mortgage later.

As a result, the sale was canceled, we foreclosed, and the second-position lender was wiped out.