Made 3 million net net on one small deal...
My friend just told me about an interesting situation. He's buying a building, about 30 units, at approximately $100k per door. But those units could be sold off as raw condos with nothing done to them at $200k per door. So he just made $3m net. I just can't believe that. I can believe it, and I do believe it, but I'm just amazed! Like to think that there's million dollar deal floating around out there it's kinda exciting. Just hope I can run into some deals like this.