Smallest amount of $$$ you have ever invested with

[Rick McCray]

What is the smallest amount you have put into a deal that turned a profit? If you have a "zero down" answer then I want your "zero down" story. Any amount of profit is fine, as long as it was more than you originally put in.

[Account Closed]

Not sure what qualifies as "investing with". I can easily buy and control properties (or notes) with little or no down, but then there other costs, sometime significant, especially for the big profits.

But here's a couple of straight up examples of very little all in costs.

Contracted to buy property for $11K and put $100 into escrow as earnest money. A landlord buyer wanted it, so they gave me a check for $5K and I assigned the contract. They closed on the contract. I didn't do anything except show the property once. I truly had no other out of pocket costs on that one.

Bought a piece of vacant land for $2K. There were past due taxes and closing costs, so I was all in at $6K. Sold it for $55K. I saw the property once, after I bought it, the same day I put a sign on it. The phone rang off the hook on the drive home and I went into the contract the next day. BTW I got double flipped on that one. My buyer sold it for 95K right after closing. My bad for not knowing the value or finding a broader range of buyers.

Bought a non performing note for $5K, property had been abandoned by the borrowers and had squatters living in it. Foreclosed 4 months later and a buyer bought it at trustee's sale for $37K+. Net was just under $34K. Never went in that property, drove by it twice.