Wholetail Deal To Hedgefund

[Stephon Jones]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $100,000
Cash invested: $105,000
Sale price: $128,000

Cleaned out and resold

https://www.zillow.com/homedetails/4809-Rocky-Knob-Dr-Memphis-TN-38116/42259677_zpid/

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

Noticed high grass, spoke with neighbors and learned someone passed away. Offered more than a realtor and told the seller to take what he wants and leave the rest behind.

How did you finance this deal?

HML

What was the outcome?

Wholetailed to Hedgefund, cleaned out and resold.

Lessons learned? Challenges?

Should of listed the property on the MLS missed out on an extra $15-$20k