Fix and Flip for a $100+K profit!
I would like to share my story to motivate the Biggerpocket community and show that even in this market you can still make money if you try harder.
I bought this property from the MLS and after evicted the owner (yes, the owner!) rehab it and sell it for a great return in 5 months total, here are the numbers and before and after pics:
Purchase price: $288,000
Repairs, holding costs, downpayment, etc: $90,000
Sold for $502,000
Profit after closing costs, commissions, etc: $104,000