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Buying & Selling Real Estate

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Derrick O.
  • Investor
  • Gallatin, TN
2
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56
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forslosure

Derrick O.
  • Investor
  • Gallatin, TN
Posted Jan 13 2015, 16:46

If a house was bought back from the bank, and the bank list the house for sale $34,900. it has been on the market a month 2 b 1 b 864sqf would u have trouble selling the house for at or near market value, say a loan from the bank for the $34,900 and $5,000 rehab out of pocket. you r in $39,900 market value $63,255 rehab complete the first month. if it is sitting on the market now how will it flip for profit? how are you suppose to pay the mortgage if it sits on the market for 1 year or is their something im missing in investment loans or any other kind of loans any advice

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