SFR Flip w/ Structural Damage

[Ryan James]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $140,000
Sale price: $155,000

Shortly before we purchased this property, a vehicle veered out of control and crashed into the property. The impact destroyed the fireplace chimney causing structural damage in the basement. We ended up wholesaling this property to a friend.

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

Great neighborhood and motivated seller.

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

Launch Control SMS Marketing