That’s what I was thinking. Buy for $61,000 and sell for $95,000 a year and a half later? If they invested any money in fixing it up then it wasn’t a wildly successful flip. And her brother making 10% on a 35,000 property is making only $3500.
Not very good at it.
her brother making 10% on a 35,000 property is making only $3500.
And he’s paying almost 10 percent interest.
How is that making money?
Even more fishy.
“And her brother making 10% on a 35,000 property is making only $3500”
And that was probably before Granny “Clampett” Warren collected her 9.5% wampum