The only fools willing to hold taht is the government and as such, any lender needs to package any loan so tightly, so it is re-sellable.

You can gain equity but you want to outpace inflation.Many buy in these areas and others for the appreciation more than the cash flow.If I just keep up with inflation I feel like I am just spinning my wheels.The 50k houses in Atlanta the investors were probably sold a bill of goods.We have properties here that sell for 4k to 6k in the war zone areas.The nice properties in great areas are gone in a day or two.These companies then out in a tiny amount of money and resell for a fat profit to out of town investors.Home buyers to live in your area will pay a premium.Have a broker/agent research the MLS.Has there been any solds within the last year even close to the price you would need??

If buying, fixing and reselling is your thing then learn the ropes and go for it.

Leas up and improve the property and resell for a quick profit.

That ranges from mobile home courts, raw land, new home speculation,apartments, sf homes....heck, I'll buy anything if my gut tells me I can resell for a profit....I'm heading to Florida next week to see what all the hubbub is down there....I'd hate to miss out on the opportunities that I've heard about down there without at least checking it out for myself....plus I'd like to become a snow bird some day soon......

How are you finding the resell market right now?

All were Short Sales where the investor was immediately reselling the property for profit.

Considering your goal is to resell within 90 days, FHA is not going to be your friend.

I'm planning on finding on one, rehabbing it and reselling it.

A less brain damage plan would be to buy an already fixed up house and live in it for two years and then resell for profit with that approach.