Once application is approved, I then give them a short period of time to place a deposit to hold the place.

When I say graduated I say that as in I walked with my class and my diploma has a silver seal not a gold seal like the rest of my class.

The buyer has to come up with $13K to cover the rest of the purchase price and the closing costs.

If the market happens to rise over the period so much the better.

or would there be a time period I should hold the property until i can qualify?

Or a fad that came back around with new people playing.I tend to call the period you are describing as a period of dumb money.

I know that for a period it was growing and I suspect it likely cooled off a bit.

When flipping houses in short time periods do you believe it is better to contract the services (i.e. painting, landscaping, and minor improvements on the scenario that the house was only needing minor cosmetic improvement and you were able to get it at an undervalued price) to get the job done quicker and more professionally so as to have it back on the market quicker which in turn will shorten the months in which you will pay the mortgage payments on the house, or is it better or equal to do the actual jobs yourself?

I need a little extra flow for a short time period?

As a new college graduate, I am finally coming into my own and realizing (after a short period) that 9-5 jobs are NOT for me.