If you sell the property within 6 months (a reasonable time to buy, fix and sell), and then buy another property and complete the process in the next 6 month period, with the same investment "nest egg" you started with, you should realize an annualized return on your equity (ROE) of over 70%!

If you refinance the purchase immediately after you acquire the property, you can leverage yourself into many more deals per year, yielding an even higher return on your equity.  You may be able to finance 100% of the amount you paid for it!  You get your money back sooner, while the bank takes the risk for a small return.   Banks are happy to lend on properties with a Debt-to-Value ratio (DTV) of under 70% (the ratio of debt on your property, since you bought it so far below actual market value).

If you do not have the "nest egg" (cash resources), then find the deals using Shark Bait and you'll find plenty of investors who will want to work with you to make this kind of return on their (investment) equity.  Good deals always find money!   You should keep (ask for) 50% of the profits for putting the deal together, making it happen and doing the legwork (managing the deal)!

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