Saint Paul Wholesale: $25,000 Profit

[Forrest Kalk]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $50,000
Sale price: $75,000

This home was in extremely rough shape and needed a full remodel. We prefer light to medium flips, so we reached out to another partner investor. They were searching for rental properties in the area anyway, and ultimately BRRRR'd the home. At the end of their rehab, they had a solid rental property that well surpassed the 1% rule. Another great win-win!