this post was submitted on 08 Feb 2024
783 points (100.0% liked)

196

16847 readers
1474 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 11 months ago

You can absolutely buy a house and sell it for a higher price, and do nothing to it or very minimal modifications. I work in the title industry and see it literally every day. LLC or trust buys house with cash, turns around and sells house a couple weeks later for like $100,000 more, while doing nothing to it or very minimal repairs or aesthetic/curb appeal changes.