OfflineWell, today marks another milestone in our short RE investing venture! Nearly 1 year ago we closed on a condo deal netting a little over $24,000. Today, we close on the flip of a 4br2.5ba netting nearly $31k that we held for a total of 96 days from beginning to end!
For the condo that we closed on last year, we took on every aspect. For the house today, we have found a trustworthy partner that finds, rehabs, and lists the property for us. We have simply written the checks and signed docs!
I'm grateful to Dean for the inspiration to get started! Life is different for us today as a result. Our family has recently moved into a foreclosure that was in excellent shape and we paid $160k less than it sold for 4 years ago!
Thanks Dean!
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Sweet, CONGRATS! I had a closing for Wed and it still hasn't happened. All kinds of hold ups due to a lien put on the house Wed morning for about $500 by the HOA. We leave to go out of the country today so the deal is now put off and will hopefully happen when we get back. LATER
SEMPER FI
GET SOME!