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Updated 3 months ago, 09/02/2024

User Stats

24
Posts
7
Votes
Christopher Berra
Property Manager
  • Real Estate Agent
  • St. Louis, Mo
7
Votes |
24
Posts

Routine Singe Family Wholesale

Christopher Berra
Property Manager
  • Real Estate Agent
  • St. Louis, Mo
Posted

Investment Info:

Single-family residence wholesale investment.

Purchase price: $100,000
Sale price: $112,000

One more wholesale deal in the books. This one was special because it was completed with a new team of investors and we have already placed 10+ deals under contract in the last 2 months.

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

We are building a cash reserve to fund more flips.

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

Google PPC

How did you finance this deal?

N/a

How did you add value to the deal?

N/a

What was the outcome?

$12k Profit

Lessons learned? Challenges?

Do deals with other wholesalers. Another wholesaler purchased this property and is keeping it as a rental.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We have Realtors on our team and I am one.

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Keyrenter St. Louis West
5.0 stars
19 Reviews

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