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I bought a three-family at foreclosure for $41,000 and resold it for $160,000 nine months later. I put $22,000 worth of work into it, but didn’t do the work myself. The profit was still a home run! I once bought a two-family for $2,000! I put $60,000 into it and resold that one for $140,000. I bought a six-family foreclosure for $125,000, put a little work into it and resold it for $295,000. There is big money in multi-family foreclosures.
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owner: Redemption - (no access) - [David_Lindahl]_Multi-Family_Millions_How_Anyone_(b-ok.org).pdf, p42


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