When all the dust settles, and the  person searching is tired and discouraged and gives up, Jerry may not have bought  a single lot, but he's made some money from the training he sold you, which was his main goal from the beginning!

Purchase price: $270,000 We bought our primary residence in 2012.

Purchase price: $200,000 Cash invested: $25,000 Duplex bought FHA out of college, house hacked

No real talent, no skills, no friends that are not being bought. 

You would look for sellers that bought before rates went up around 2020 and 2021.

Quote from @Anderson Banegas Cerrato: Tim, this is gold!

I've bought a ton of homes pre-foreclosure and at auction, happy to be a resource on that stuff, plus we just launched Bid Pirate, which is the one place online for NH, where you can see all the upcoming foreclosure auctions in one spot - you can learn a lot from the regulars at the auctions........ get after it, sister!

I bought a business where the prior owner had it in an S-Corp, the S-Corp and he was sued personally for three million.

So upon sale, we had the option to match the highest and best offer, so we formed a new syndication and bought it back.

I'm making up numbers, but if he bought the house for $200K and it is now worth $500K, he's made $300K.