Posted by stan on December 04, 2000 at 19:18:05:
Hit send before I was finished.
I have all my $$ tied up in the home i am living in,
I would love to buy and rehab it all myself and sell it for retail and make about 100k but I have a full time job, and it would take 3-5 months, and cant make the payments during then.
I may just have to flip it for a quick buck, I know an investor that bought a rental we were living in a few years ago.
We made an agreement with the LL that I would fix up the house with them buying the matls and me doing the labor,
we had it appraised and agreed to split the difference between the apraisal and the selling price.
I installed CHA, and totally rewired the house.
sold it and our share was 10K which we used to get into our current home.