Outlook St: Quick Flip Success in Mission, KS!

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $220,000
Sale price: $225,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with our partner Archie Raglin, successfully purchased a property on Outlook St, Mission, KS, for $220,000 on 12/30/2024. Despite no additional renovations being necessary, our efficient strategy and swift turnaround led to a same-day sale at $225,000. This transaction highlights our ability to identify and execute quick, profitable deals with minimal holding time.

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

The Outlook St deal offered a unique opportunity for a rapid turnaround with minimal investment. Its market-ready condition and strong local demand made it ideal for a fast, profitable transaction, aligning perfectly with Partner Driven’s strategy of securing high-yield properties in promising locations.

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

Our partner Archie Raglin identified this property through a trusted local network. Negotiations focused on securing the property at a favorable price, enabling us to achieve a profitable margin in a highly competitive market without requiring additional renovations.

How did you finance this deal?

Partner Driven covered 100% of the financing, including the $220,000 purchase price. This provided Archie Raglin with the financial backing to close quickly, ensuring no delays and maximizing the opportunity for a fast sale at a profit.

How did you add value to the deal?

Partner Driven’s expertise in market timing, combined with Archie’s local insight, ensured a fast and efficient transaction. By facilitating the closing process and leveraging a strategic marketing approach, we increased the property’s visibility and quickly found a buyer.

What was the outcome?

The collaboration between Partner Driven and Archie Raglin resulted in a same-day sale, with a final price of $225,000. This deal not only demonstrated our ability to execute rapid flips but also underscored the value of our strategic partnerships.

Lessons learned? Challenges?

This deal reinforced the importance of seizing opportunities for quick flips when a property is market-ready. The main challenge was timing the listing perfectly, but with careful planning, we ensured a swift sale.