[quote=zk][[email protected]]Noticed that this house on Dixie sold for $1.795M only a year after they purchased for $1.467M as a foreclosure. Didn’t look like they did any significant renovations. Even in this hot market, $300K+ for not doing much work seems pretty sweet![/quote]
Minus $90,000 in realtor commissions, if you paid 5%.[/quote]
And potentially short term capital gains, caring costs, staging, painting, etc. Could cut the perceived profit in half.
