Quote:
Originally Posted by charlieo1126@gmail.com
for $51,000 , I flipped a golfcourse house for over twice that profit after 2 years and I’m a guy that if somebody finds a tool in my home it’s because someone left it lol I respect your work ethic though
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When I built the home, I didn't plan on selling it that quickly but the situation had changed. I was only asking $129K because the mortgage rates in 1982 were 16%, real estate wasn't moving and nobody was flipping homes. Flipping a home in an established neighborhood is going to get a better price than new construction in a development still being developed.