http://www.localmentor.com Get more Flipping Houses training resources here for FREE. In this video I show you a house I just bought on Friday. Retail Value is $285,000, Purchase Price was $206,500. Repairs needed: New mini-blinds, remove wallpaper, repaint interior, replace deck boards, repait exterior trim and deck, update some fixtures, replace the downstairs carpet - totalling around $7,000. Very light rehab numbers. We’ll sell this for around $285k, less 5% commissions = 270,750 - less 7,000 rehab - less 206,500 purchase price = $57,250 Profit before taxes. Split 50/50 with my lender = 28,625 profit before taxes.

TV’s “Flip That House” Real Estate guru Armando Montelongo will show you its done!!! www.flipthishouse.armandomontelongo.com
Learn Foreclosure Investing.

I started as a single mom with no money and no credit. So can you. Stay with me and let me teach you how to find properties in foreclosure, how to short sale, how to wholesale, and much more.