Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

11
Posts
11
Votes
Jonathan Park
  • Lender
  • Tampa, FL
11
Votes |
11
Posts

My very first wholesale deal

Jonathan Park
  • Lender
  • Tampa, FL
Posted

Investment Info:

Single-family residence wholesale investment.

Purchase price: $75,000
Sale price: $92,000

My very first wholesale deal. I had no idea what I was doing and it was the greatest feeling in the world! This was a virtual deal that came in through a partner I had at the time. We did everything wrong but somehow manage to close on it!

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

It was the only thing I knew how to accomplish at the time.

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

We found it using freedom soft and negotiate over the phone and email.

How did you finance this deal?

Wholesale

How did you add value to the deal?

14 Day Close

What was the outcome?

Everyone was happy from buyers to sellers.

Lessons learned? Challenges?

Taking more control.

Most Popular Reply

User Stats

4,369
Posts
2,329
Votes
Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
2,329
Votes |
4,369
Posts
Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
Replied

@Jonathan Park That's awesome, congratulations!

Loading replies...