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Updated over 1 year ago,

User Stats

343
Posts
208
Votes
Katlynn Teague
  • Real Estate Agent
  • Atlanta, GA
208
Votes |
343
Posts

My 9th Wholesale deal!

Katlynn Teague
  • Real Estate Agent
  • Atlanta, GA
Posted

Investment Info:

Single-family residence wholesale investment.

Sale price: $145,000

This house was a cutie tucked away in a great neighborhood in Jonesboro. House is a straight forward cosmetic deal. Sits as a 4/1.5 and will be super easy to convert to a 4/2. My buyers were looking for their first one and we walked multiple before this deal came down the pipeline. We just could not find one that was a perfect fit for them until this one. Now that they finally found their first one, they have a deal that they will be in and out of quickly. What made it even more special was signing the contract in person!! From close to resale, it should take about three months and their projected net profit of $20k with a cash on cash return of 63% in only 3 months!