Creative RAL Wholesale deal

[Matt Sheldon]

Investment Info:

Single-family residence wholesale investment in Las Vegas.

Purchase price: $330,000
Sale price: $375,000

Residential Assisted Living Wholesale deal

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

Bank owned, value add in bank unaware of property being a former assisted living facility

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

Alternative channels, unlisted bank owned property

How did you finance this deal?

Private money, transactional funding which transitioned into Hard Money

How did you add value to the deal?

Position as RAL

What was the outcome?

Wholesale deal grossing $45,000