Reselling for more Profits

Reselling for more Profits

I just closed on a Mobile home i have sold for the second time.

I purchased the home 3 years ago, fixed it and sold it on a contract. I made about 6K over the last couple years owning it. and i just sold the home again for another 14K. That is on a contract and the buyer is paying me a 12% note for the next 9 years. Over that time i should almost double my selling price.

These have been good investments for me, I've been able to generate a great monthly cashflow in a very short amount of time and also with very little money. They don't cost much to fix up and I collect down payments so I don't have much money left in each one when they sell.

I have a 2 more that are selling next week and away we go. I am really pushing this year to hone in on the 25/1 strategy. I'm excited to follow deans advice on this being a great buy fix and sell year.

Keep moving forward, you will reach your goals if your constantly working on them.

__________________

I always say Keep Moving Forward! Never Give Up On Your Dreams!

As Matt Larsen says "Feed the Need" - Edge 2013

Follow my daily investing journal and read about the deals I've done and am working on at:

http://www.deangraziosi.com/real-estate-forums/investing-journals/117493...


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