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Updated about 2 years ago on . Most recent reply

User Stats

28
Posts
13
Votes
Dw Chalmers
  • Investor
  • Memphis
13
Votes |
28
Posts

wholesale deal break down

Dw Chalmers
  • Investor
  • Memphis
Posted

Investment Info:

Single-family residence wholesale investment.

Purchase price: $30,000
Sale price: $37,000

we picked up two properties from this out of state seller was very excited to help him out and he is actually one of our cash buyers today

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

Great area perfect location good rental pocket numbers were perfect

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

Direct mail

How did you finance this deal?

assignment deal

How did you add value to the deal?

direct to seller

What was the outcome?

$7,600 assignment

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