with 90k I could put a 30k down payment on a 160-190k fixer upper home that sits in a 300k community, use 30k or so to fix the place, I now have 60k or so into a home with 300k worth of equity and owe 130k on the deal, simple math will tell you what I have made, I do the work and keep the cash, no more than 2 months time invested....
don't tell me it can't be done, I know it can!
you been watching "PROPERTY LADDER" and "FLIP THAT HOUSE" again 
nope, just watching people all around me doing it, I have been a general contractor for years and have made big money for investors...
I have a friend that lives in greenlake, on both sides of him the home were torn down and on each property 4 condo's were built in place, each condo sells for 650k each...
my friends mother bought the home for 30k when he was a child, she is surveying the property for such a venture, as a contractor I know each and every step of building such a venture and the approximate cost and I can tell you she wont spend any more on the cost to build 4 condos as the selling price for 1 condo...
1.5 million in less than a year...
the neighbor sold his home for 400k and thought he came out smelling like a rose, little does he know the investor that bought the property wont lift a finger in construction, marketing or sales and clear 1.5 million in less than a years time...
flip that house? I think not, its reality TV if anything.....
if you think no one is making BIG money off real estate you are either living in the wrong area or a complete moron...
