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Updated over 2 years ago,
DEAL BREAK DOWN HOW IT ALL HAPPEN
Investment Info:
Single-family residence wholesale investment.
Purchase price: $31,000
Sale price: $54,000
Was so glad we were able to assist an out of town investor with this transaction. This property was actually a lightly fire damaged property he had owned for several years cash flowing well picked up this property for $31,000 the ARV On this property is around $120,000 our end buyers were very excited to pick up this deal. please send me a message we are looking to build relationships with active lenders and cash buyers that are still busy in the market place
What made you interested in investing in this type of deal?
We were able to look at the numbers after negotiating a great price that worked for the seller and our team was glad to close and get our end buyer another great deal to fix and flip to the a retail buyer on market
How did you find this deal and how did you negotiate it?
Seller called in acquisitions personnel locked the deal and negotiated the deal
How did you finance this deal?
Wholesale deal
How did you add value to the deal?
Direct to seller assigning equitable interest to buyer
What was the outcome?
A hefty $17,000 wholesale fee for our company