Updated over 9 years ago on . Most recent reply
Our first two flips
We slow flipped two homes over the past 5 years and had some good results. We only got out of the first home what we put into it, but didn't lose any money and it sold quickly. We moved into the city and just sold our last home in December. It also sold quickly and we made around $15,000 on top of what we put into it. We had around $50,000 in hand so we decided to put $45,000 towards getting out of debt and set $5,000 aside for our next project. We currently live in an apartment (very short term) and have just put an offer in on our next home. The potential is good, so I will keep you posted. Happy Flipping!