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Updated 7 months ago, 06/22/2024
South Holloway Church Rd: Quick Flip Success with Julie Bilyeu!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $40,000
Sale price: $78,500
Contributors:
Peter Vekselman
Partner Driven, in collaboration with Julie Bilyeu, successfully completed a sale on South Holloway Church Road, Lexington, NC 27292. We purchased the home on 6/14/2023 for $40,000 and sold it for $78,500. This rapid transaction showcased our efficient investment strategy and ability to deliver profitable outcomes swiftly. The partnership with Julie Bilyeu 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 South Holloway Church Rd deal in Lexington, NC, due to its high profit potential and quick turnaround. With a purchase price of $40,000 and a sale price of $78,500, the property promised substantial returns with minimal risk. Partnering with Julie Bilyeu 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 South Holloway Church Rd deal through our partner, Julie Bilyeu, who identified the opportunity and brought it directly to us. Leveraging Julie's local market expertise, we secured the property for $40,000. 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 South Holloway Church Rd deal using its own capital, covering the $40,000 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 $78,500 in collaboration with our partner, Julie Bilyeu.
How did you add value to the deal?
Partner Driven added value to the South Holloway Church 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. Our partnership with Julie Bilyeu ensured local insights and timely execution. This swift and efficient handling of the deal enabled a same-day sale, maximizing returns and showcasing our ability to deliver profitable outcomes.
What was the outcome?
The outcome of the South Holloway Church Rd deal in Lexington, NC, was highly successful. Partner Driven and Julie Bilyeu purchased the property for $40,000 and sold it for $78,500. This rapid transaction showcased our efficient investment strategy and ability to deliver quick, profitable outcomes. The deal highlighted the strength of our partnership with Julie and our commitment to maximizing returns through strategic, swift execution, resulting in a substantial profit.
Lessons learned? Challenges?
The South Holloway Church 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 these 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.
- Julie Muse