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Updated 11 days ago,
Brimerage Rd Quick Win: Flipping Success in Windsor, NC!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $17,000
Sale price: $27,000
Contributors:
Peter Vekselman
Partner Driven and Archie Raglin acquired this property on 1/3/2025 for $17,000 and sold it the same day for $27,000. This seamless transaction capitalized on strategic market insight and a prime opportunity. The rapid turnaround exemplifies our ability to execute efficient deals while delivering solid returns for our partners.
What made you interested in investing in this type of deal?
Partner Driven saw the Brimerage Rd property as a straightforward opportunity with strong potential for a quick flip. The low purchase price, combined with an established market demand, made this an ideal transaction for a fast turnaround and profitable outcome.
How did you find this deal and how did you negotiate it?
This deal came through Partner Driven's local network in Windsor, NC. Leveraging our market connections, we identified the property’s potential and negotiated favorable terms directly with the seller, securing it at a highly competitive price.
How did you finance this deal?
Partner Driven fully funded the transaction, covering the $17,000 purchase price. This eliminated any financial burden for Archie Raglin, allowing us to focus entirely on executing a smooth and profitable deal.
How did you add value to the deal?
Partner Driven provided market expertise and handled the logistics for a rapid flip. By identifying the right buyer within our network and streamlining the transaction process, we added value without requiring extensive renovations.
What was the outcome?
The Brimerage Rd property was purchased and resold on the same day for $27,000. The successful flip generated a quick profit, demonstrating the strength of our market strategies and partnership.
Lessons learned? Challenges?
This deal reinforced the importance of strong local networks and efficient deal execution. The main challenge was ensuring all logistics aligned for a same-day flip, but preparation and collaboration with Archie made it seamless.
- Julie Muse