Sure, but the lender will be trying to recover as much as possible... competing for every available dollar so for there to be a reasonable margin of profit for you to flip quick, you must negotiate a shrewd deal or be prepared to hold, make repairs, and resell at retail.
"Can you flip right away in a double closing?"
Sure, but the lender will be trying to recover as much as possible... competing for every available dollar so for there to be a reasonable margin of profit for you to flip quick, you must negotiate a shrewd deal or be prepared to hold, make repairs, and resell at retail.
Lots and lots...
Just consider me a sponge for right now, absorbing the information.
I did mean the foreclosing lender though, when I asked if they require that the purchaser (me) hold the property for any period of time.
When I read your response I guess I realized it was kind of a silly question... Just trying to cover all of my bases