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Updated about 2 years ago on .

User Stats

4
Posts
0
Votes
Matthew Kane
  • Investor
  • Wilmington, NC
0
Votes |
4
Posts

Guaranteed Cash Offer Sale

Matthew Kane
  • Investor
  • Wilmington, NC
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $412,500

Guaranteed Cash Offer Sale. Purchased at 412.5k. Listed and sold at 530k, 8 days later.

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

My real estate team offers a guaranteed cash offer as a tool to win listings. Very rarely does a client decide to accept this offer, but this client was so frustrated with the HOA that he would rather take a 70% offer and move on

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

My team advertises a Guaranteed Cash Offer as part of our marketing. It is meant to get us in front of more sellers, but every one in a while sellers do have unique obstacles that make a quick cash offer more appealing.

How did you finance this deal?

Cash.

How did you add value to the deal?

I sourced the deal, brought it to a partner investor, listed the home, and sold it for a 6 digit profit in a single week.