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Updated almost 10 years ago,
Made 300% Return on My First Flip in San Antonio
Bought the house for 23k and resold it for 29k in 60 days, didn't even clean it. I really only spent $1500 out of pocket and made $6k, so tripled my cash outlay. I did this under the guidance of my partner. I am doing about 6-8 of these this year, in addition to my buy and holds.