(almost lost it to a tax sale because the buyer did not pay the property tax for 3 years!)

Purchase price: $49,900 Cash invested: $40,000 Sale price: $260,000 Bought this property in a partnership deal, as both the general contractor and 50% owner.

Wholesaler gets seller to execute assignable contract of sale.3.

Purchase price: $33,415 Sale price: $82,500 Fannie Mae House purchased with a construction loan to make imporvements and rented until sold in 2022.

Five years ago there was another foreclosure sale at a similar discounted price.

Purchase price: $45,000 Cash invested: $5,000 Sale price: $60,000 Buy & Hold first investment proprty.

Purchase price: $188,000 Cash invested: $10,000 Sale price: $460,000 While still in college I bought and lived in a grandfathered duplex in Provo, UT.

I moved to Austin from Virginia about 5 months ago after getting out of the Army, and am working fully remote in sales.

That means I got the park minus the home sales for $294,000 with two single-family homes.

Here are the stats:$119,500 Sales priceComps around $240,000Rental approx $2,000 per month (close-ish to the 1% rule)Flip would likely render about 26% after work (I know not the 30% but close)Turn around would take about 4-8 weeks (think it would be closer to 4 with the right team)Which way would you take this and is this something you would jump on if you had the chance?