Beginner Finds a Motivated Seller and Makes $24,300

I purchased a home last year from a verymotivated seller for $500. He was losing the house to back taxes in two days, and the home was badly in need of major repairs. I knew very little about real estate investing then, but after paying the $2,600 back taxes and spending $7,600 in repairs, I proceeded to find a buyer who is paying me $35,000 for the house.

I earned as much profit with this deal in eight months as I had earned in a year of working. I just found your website, and now I’m looking forward to doing more real estate deals.

By CREOnline Contributor

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