LEAD SOURCE DIRECT MAIL $20,000 PROFIT WHOLETAIL DEAL

[Dw Chalmers]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $38,000
Cash invested: $38,000
Sale price: $60,000

The lead source came from a Direct mail campaign. was very excited to help the seller liquidate his family's vacant house that he had inherited . This house had a massive $98,000 Medicaid lien in place that we actually negotiated with the sate . Realtors in the market also helped us prove and evaluate the as is condition to the state,that ultimately helped us get a massive price reduction and get this deal closed.

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

Vacant house great neighborhood property had a massive lien

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

Direct mail negation took place over the phone

How did you finance this deal?

we bought it cash

How did you add value to the deal?

local comps in the area

What was the outcome?

$20,283 profit

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

real estate agents