Wholesale Deal for the Win!

[Dawn Roy]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $215,000
Cash invested: $25,000
Sale price: $315,000

A wholesaler got over his head with a renovation.

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

Poor renovation quality of the original investor made this a no-go for buyers. With some key tweaks to the renovation, this sold quickly.

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

Another investor needed to unload this property as it wasn't selling in its current condition.

How did you finance this deal?

Bank line of credit

How did you add value to the deal?

Renovation consultation and staging for maximum value.

What was the outcome?

Sold quickly