(Net sales proceeds after all costs (PS. loan payoffs are considered proceeds.) minus purchase price is your taxable net gain.

As wholesalers, we’re trained to look for distress—motivated sellers in tough situations, properties needing major repairs, or financial struggles forcing a quick sale.

I always am amazed when someone selling a $600,000 house brings me a listing agreement where they agreed to pay a stranger $30,000 to list their house for sale and they didn't even read the agreement much less spend the $250 to have a lawyer tell them that yes, if they sell it to their cousin during the listing period they still have to pay the $30k.

The average closed sales price increased 2.9% but the big changes were in the numbers of listings and sales.

So, I'm wondering about what other options I have.

Purchase price: $450,000 Cash invested: $650,000 Sale price: $1,600,000 New construction of single family

Homes currently up for sale in the area are about $250,000 for a 3beds/2bath and roughly 1300 SQFT.

I have great clientele with repeat customers and wonderful word of mouth which keeps me busy enough to fill my summers and time off during the school year. 

Call a sales representative and ask for an upgrade or feature that allows you to send more.

Purchase price: $375,000 Cash invested: $60,000 Sale price: $525,000 This home was build in the 1980's.