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Updated over 9 years ago on . Most recent reply

User Stats

8
Posts
5
Votes
Vince Dyer
  • Flipper/Rehabber
  • Chicago, IL
5
Votes |
8
Posts

First Cash Flow Deal after 33 Wholesales

Vince Dyer
  • Flipper/Rehabber
  • Chicago, IL
Posted

Just closed my first cash flow deal. This was a classic cash flow deal. My first cash flow deal after 33 wholesale deals.

So here my first cash flow deal

Purchase Price: $ 86,000

Rehab: $ 6,000

All in the deal: $ 92,000

Appraisal after refi: $ 140,000

Refinance: $ 105,000

Rent: $ 1350

So all done Zero in the deal. Net cash flow $ 480/month.

Now 19 more to go can't wait to speed up the process.

Vince.

Most Popular Reply

User Stats

1,096
Posts
374
Votes
Mark Brogan
  • Investor
  • Roanoke, VA
374
Votes |
1,096
Posts
Mark Brogan
  • Investor
  • Roanoke, VA
Replied

nice job @Vince Dyer

Now on to the next one 

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