Graduate – Morphett Vale, SA
Real Estate Rescue Graduate
This RER Graduate purchased a mortgagee in possession which had the agent selling on behalf of the mortgagee.
These costs include the purchase price, stamp duty, holdings, renovations and relevant adjustments, including the selling costs.
|Total Net Profit||$44,500|
Top 3 learning from this real estate flipping house deal was:
- Always follow up with the real estate agents.
- Work out your maximum purchase price and go in lower to start with.
- It’s a great heads up if you are an area expert.