Joined: Jan 2008
Posts: 23,642
Likes: 1,106
From: Mans of NC & SW UT Desert
Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more
+1 Congrats, you are on your way!
My first flip was a $10 Giant Rincon MTB, garage sale find. Trued the wheels, cleaned it up, adjusted brakes, and sold for $100 two days later. That $90 profit got the whole flip thing started for me. My first couple were like that, $10 garage sale finds, cleaned up and resold. The profits allowed me to pick up some tools, and then slowly moved up in quality of bike.
+1 3 speeds can be difficult flip bikes, really depends on where you live.