Wholesale Deal 1245 Gezon

[Caleb Reits]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $90,000
Sale price: $120,000

Great wholesale on the NW side of Grand Rapids

What made you interested in investing in this type of deal?

Little to no risk.

How did you find this deal and how did you negotiate it?

The motivated seller called me off a bandit-sign

How did you finance this deal?

Flipped it to another investor

How did you add value to the deal?

Located an off market property

What was the outcome?

Learned a ton, got a listing and a profit out of the whole thing

Lessons learned? Challenges?

You need to start negotiating at a lower number first

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes Matthew Hayes helped me do the entire deal