Turning Unlikely Homes into Profitable Deals

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $45,000
Sale price: $64,000

Contributors:
Chelsea Zabala

Partner Driven, with Crystal Smith and Eugene, undertook an innovative venture at Water St, Joliet, IL. Using our whole-tailing approach, we secured the property under contract and pre-listed it to attract buyers. We acquired it for $45,000 and sold it for $64,000 through strategic marketing. This success highlights Partner Driven's commitment to innovation, collaboration, and maximizing value. Our unique methods and expertise continue to redefine real estate investment.

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

At Partner Driven, our interest in investing in the Water St, Joliet, IL deal stemmed from the opportunity to use our innovative wholetailing approach. This method allowed us to wholesale on the retail market without putting any money upfront. By securing the property under contract and pre-listing it to attract buyers, we minimized financial risk and maximized potential returns. The ability to leverage our unique strategies and collaborate with partners like Crystal Smith and Eugene made t

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

At Partner Driven, we discovered the Water St, Joliet, IL deal through our extensive network and collaboration with Crystal Smith and Eugene. Crystal and Eugene identified the property as a promising opportunity and brought it to our attention.

We utilized our unique wholetailing approach to secure the property under contract. This method allowed us to negotiate favorable terms without putting any money upfront. By pre-listing the property, we attracted potential buyers early on, ensuring a

How did you finance this deal?

For Water St, Joliet, IL deal, we utilized our whole-tailing strategy. Although we had to fund the $45,000 purchase, our approach ensured the property was sold quickly, reducing the time our capital was tied up. By securing the property under contract and pre-listing it, we found a buyer swiftly and sold it for $64,000. This method minimized financial risk and maximized efficiency, highlighting Partner Driven's ability to leverage creative financing solutions for successful real estate ve

How did you add value to the deal?

At Partner Driven, we added value to the Water St, Joliet, IL deal through our wholetailing approach, securing the property under contract and pre-listing it to attract a buyer quickly, reducing capital tie-up time. We leveraged market expertise to price the property attractively and collaborated with Crystal Smith and Eugene for local insights. Our efficient execution minimized holding costs and maximized ROI. These efforts enabled us to buy the property for $45,000 and sell it for $64,000,

What was the outcome?

The outcome of theWater St, Joliet, IL deal was a successful and profitable transaction. Partner Driven purchased the property for $45,000 and sold it for $64,000 using our whole-tailing approach. This swift transaction minimized the time our capital was tied up and maximized our return on investment. The deal demonstrated the effectiveness of our innovative strategies and strong partnerships, resulting in a successful venture for all parties involved.

Lessons learned? Challenges?

The Water St, Joliet, IL deal taught us valuable lessons. We learned that even unattractive properties can be profitable. Our whole-tailing strategy effectively transformed and sold the property quickly. The main challenge was ensuring a swift turnaround to minimize capital tie-up. Securing a buyer quickly through pre-listing helped us overcome this. This experience highlighted the importance of creative strategies and efficient execution in real estate investment.