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The journey commenced with a humble $100 iPhone 8. The plan was straightforward—sell the phone on Facebook Marketplace, use the profits to purchase another device for resale, and repeat the cycle until the financial goal of attaining the $2,200 iPhone 15 was realized. This method, known as phone reselling, promises potential profits but also requires a keen eye for good deals.
The First Sale
Within a day of listing the iPhone 8 on Facebook Marketplace—priced slightly below competitors for a quicker sale—the seller secured an interested buyer. With a successful transaction, the cash on hand increased to $100, allowing the search for the next phone to begin. The goal was to identify a device that could potentially double the initial investment.