Wholesale deal break down

[Dw Chalmers]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $30,000
Sale price: $53,000

Lead came in out of state investor looking to sell we contracted this house for $30,000 it was lightly fire damaged

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

knowing the market and that particular area i instantly knew there was a spread to capture and we did just that with a $23,000 dollar assignment fee

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

inbound lead came through and we contracted the deal direct to seller

How did you finance this deal?

we assigned this deal

How did you add value to the deal?

being direct to seller brining a good deal to the market place

What was the outcome?

$23,000 assignment