Mumford Road: Swift Sale Success with Marina Rad!

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $35,000
Sale price: $50,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Marina Rad, successfully completed a quick sale on Mumford Rd, Greenville, NC 27834. We purchased the home on 7/28/2023 for $35,000 and sold it for $50,000. This rapid transaction showcased our efficient investment strategy and ability to deliver profitable outcomes swiftly. The partnership with Marina Rad exemplified our collaborative approach to real estate success.

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

Partner Driven was interested in the Mumford Rd deal in Greenville, NC, due to its high profit potential and quick turnaround. With a purchase price of $35,000 and a sale price of $50,000, the property promised substantial returns with minimal risk. Partnering with Marina Rad provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the Mumford Rd deal through our partner, Marina Rad, who identified the opportunity and brought it directly to us. Leveraging Marina's local market expertise, we secured the property for $35,000. Together, we negotiated favorable terms with the seller, ensuring a swift and beneficial transaction. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Mumford Rd deal using its own capital, covering the $35,000 purchase price. This approach allowed us to move quickly and efficiently, ensuring a seamless transaction. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments. By utilizing our capital, we facilitated a rapid sale for $50,000 in collaboration with our partner, Marina Rad.

How did you add value to the deal?

Partner Driven added value to the Mumford Rd deal through effective negotiation and market expertise. Although no major renovations were needed, our strategic approach and rapid transaction management significantly increased the property's market value. Additionally, our partnership with Marina Rad ensured local insights and timely execution. This swift and efficient handling of the deal enabled a quick sale, maximizing returns and showcasing our ability to deliver profitable outcomes.

What was the outcome?

The outcome of the Mumford Rd deal in Greenville, NC, was highly successful. Partner Driven and Marina Rad purchased the property for $35,000 and sold it for $50,000. This rapid transaction showcased our efficient investment strategy and ability to deliver quick, profitable outcomes. The deal highlighted the strength of our partnership with Marina and our commitment to maximizing returns through strategic, swift execution, resulting in a substantial profit.

Lessons learned? Challenges?

The Mumford Rd deal taught us valuable lessons and presented challenges. The quick turnaround required precise coordination and efficient execution, highlighting the importance of strategic planning. Despite the challenges, we achieved a substantial profit. This experience reinforced the value of strong partnerships, rapid decision-making, and effective management in real estate investments with Partner Driven, demonstrating that swift transactions can yield significant returns.