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Ptt was $27500 so after lawyer etc let's round up to $30000. I doubt it's this cheap but let's say $1m at 5% is $4167 a month, x 7 months = $29167. So after realtors fees and lawyers again on selling let's say that's another $30000. So that's like $100k deep before out of pocket Reno. More if you had to borrow. Buddy guys and Mexicans are pretty cheap as the market was dead last year. Not sure if there's any other flip tax as it's less than a year ownership. Then you got capital gains?
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