Fix and Flip for a $100+K profit!

[Victor Valle]

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