Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Karns Easy Wholetail
Investment Info:
Single-family residence wholesale investment.
Purchase price: $200,000
Cash invested: $200,000
Sale price: $305,000
Wholetail. The person who bought from me went on to sell it for $370,000
What made you interested in investing in this type of deal?
Im always buying this type of deal
How did you find this deal and how did you negotiate it?
Volhomes.com website lead
How did you finance this deal?
Used my own cash
How did you add value to the deal?
I spent a lot of marketing money long before this deal ever came along. I also had cash waiting for this deal, which was valuable to the seller.
What was the outcome?
Everyone won
Lessons learned? Challenges?
I got the bag but left a little money on the table but was able to continue focusing on long term wealth
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Victoria Melhorn is the best realtor in Tennnessee so that makes life easy.