My first wholesale deal

[Malachi Jones]

Investment Info:

Single-family residence wholesale investment in Paris.

Purchase price: $110,000
Sale price: $115,000

This was my first ever wholesale deal.

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

It was a very large historic home with a lot of potential. Just needed the right type of investor to come in and restore it.

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

I found this deal on the MLS. I negotiated all the terms to be friendly in my favor so I could find a investor in time before the close date.