Has anyone ever bought a for sale by owner vacant older home and then resold it for a profit?

I'm interested in buying the homes with a lender and then reselling for a profit.Has anyone ever bought a for sale by owner vacant older home and then resold it for a profit?
People do it every day.





When going through the home, try and find one that doesn't need major repair. Be leary of old wiring, bad plumbing, bad roofing, poor foundations, ect. ALWAYS have a home inspected before you purchase. Whoever buys it from you certainly will!





Look for small problems that will make a big difference in what you can sell for. Lawn maintance, dirty old bathroom/kitchen appliances/areas, paint, ect. If you get a good deal on the house, and can afford to hold on to it for a few months while its waiting to sell, go for it.





Check your market for what you can sell the house for after you fix it up. Make sure it will be worth it. Expect to hold on to the house for a couple more months than you plan! Problems come up, make sure you can afford them.





Email me if you have any more questions and I'll try and help. Go_LC_Bears@Yahoo.comHas anyone ever bought a for sale by owner vacant older home and then resold it for a profit?
Yes they have, and if you can do the same I wholly advocate it.
It's impossible
If you can get the house cheap enough, and it needs some work done, which will raise the price it is definetly worth it. Also, make sure the housing market in your area is stable to strong becasue you don't want to buy the house and have the housing market crash or no one want to buy the house from you.