Is this a good flipping plan?

[Luis A.]

I have come across an REO that is in excellent condition with comps selling for significantly more. The house would need basically no work other than cleaning and staging (1 week).

(It's a FNMA so this is assuming I navigate their selling restrictions)

So if I buy it for $100k, clean and stage and then list a week or two later for $120k, am I going to run into any problems?

Will my buyer run into any problems when applying for a mortgage?

Thanks,