Purchase Price: $450,000
Profit: $247,000 (50/50 split with JV)
Property Found: Court listing
Circumstances for Sale: Distressed
Strategy: Subdivided, sell one of the lots & live in the original home.
Purchase Price: $450,000
Profit: $132,000
Property Found: Relationship from agent
Circumstances for Sale: Deceased Estate
Strategy: Renovate & flip
Purchase Price: $211,000
Profit: $150,000
Property Found: Court Listing
Circumstances for Sale: Distressed
Strategy: Renovate & flip
Purchase Price: $215,000
Profit: Projected $95,000
Property Found: On Market
Circumstances for Sale: Mortgagee
Strategy: Flip, reno and sell or rent then flip in 1-2 years
Purchase Price: $467,000
Price Listed for: $510,000
Discount: $43,000 (8.4%)
Profit: $81,000 (50/50 with JV)
Property Found: Real estate agent
Circumstances for Sale: Distressed
Strategy: Renovate and flip
Purchase Price: $482,500
Profit: $70,000
Property Found: on market
Circumstances for Sale: Court ordered for sale
Strategy: Renovate and flip