Old Wholesale deal I did from 2015

[Jonathan Park]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $90,000
Cash invested: $860
Sale price: $96,000

I did this deal with a marketing budget of $860. This was done using yellow letters with an absentee list.

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

Wholesaling was the only investment strategy I knew at the time.

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

Yellow letters, and negotiated over the phone.

How did you finance this deal?

Wholesale

How did you add value to the deal?

Closing all cash in less than 14 days.

What was the outcome?

Happy buyers and sellers.

Lessons learned? Challenges?

Have better systems in place.