If I buy a house at a significant discount and do very little work, what problems might I run into when I try to sell again at market value within a month?

Here are the numbers:

ARV $185,000
Repairs ...

So I have access to a VA loan. I am preapproved for up to $350k. My plan was to purchase a single family home or duplex, live in it for a year and while living in it paying 20% equity, after a year refi to a conventio...

Hi BP family!  I have been reading and absorbing lots of fantastic info from this great community, and I have learned a lot from you all.  Time for me to give back.A quick story about me, I love real estate.  I just l...

I’m experiencing a slight problem that I didn’t know existed until now and it may just be regional. (Mobile, Al) The two banks I tried to see what the numbers would be regarding a cash-out refinance, they only do 75% ...

Hi all-
I'm new to BP and this will be my first post. I recently purchased a end unit row home in the H st NE area from my landlord. I fixed it up and am now renting out two rooms in it, bringing in $1700/month which...

I'm having a home built that I will live in.  After I put my 20% down, the loan is about $449,000.  This is, of course, higher than the $429,000 threshold for a jumbo loan.What are the best options here to try to avoi...

We have purchased our first BRRRR duplex, renovated, rented, and now are refinancing. The lender I am working with said that I need to own the property for 6 months before refinancing. We purchased the property with...

Hi BP Members,Here is the situation I am in1) I own 4 properties ( i am the only one on the  mortgage and the title)- 3 rental and 1 primary. Considering the rental income, my D/I ratio is currently at 25%2) My wife o...

I am in discussions to purchase a mobile home park and the seller told me he would be open to seller financing.  I asked him what terms he would be looking for and this was his response?  Probably 41/2-5% with 15 to 2...

I bought a triplex earlier this year and am currently living in one of the units and renting out the others. I used an fha Loan with 3.5% down.

I’d like to purchase another multi family property. What are my options?...