Fast Flip Success on Abbeywood Dr, Decatur, GA!

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $77,000
Sale price: $85,000

Contributors:
Peter Vekselman

Partner Driven teamed up with Jamari Sprueil to secure this off-market deal in Decatur for $77,000. With no renovations required, we leveraged market demand to quickly resell the property the same day for $85,000. This deal highlights the power of smart acquisitions and efficient execution, turning a swift profit with minimal investment.

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

This Abbeywood Dr property was an attractive opportunity due to its below-market purchase price and strong demand in the Decatur area. With no major renovations needed, it was an ideal candidate for a quick resale. Partner Driven saw the potential to generate a solid return with minimal risk, making it a perfect fit for our investment strategy.

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

This deal was sourced through our network and direct-to-seller outreach. We negotiated the purchase price at $77,000, ensuring there was enough margin for a profitable resale. By structuring the deal efficiently and leveraging market conditions, we were able to secure a strong buyer and close quickly.

How did you finance this deal?

Partner Driven provided 100% of the financing, covering the $77,000 purchase price. This allowed our partner, Jamari Sprueil, to move forward without any upfront costs. With our capital backing, the deal was executed seamlessly, leading to a fast and profitable resale.

How did you add value to the deal?

Rather than investing in renovations, the value in this deal came from our strategic acquisition and resale approach. By purchasing at a great price and leveraging our network to find a buyer quickly, we maximized profit without the need for repairs. This deal showcases the power of smart investing and timing.

What was the outcome?

This was a highly successful transaction. We purchased the property for $77,000 and, without any renovations, resold it the same day for $85,000. The quick turnaround and minimal investment made this an excellent deal, proving that not every flip requires a full rehab to be profitable.

Lessons learned? Challenges?

This deal reinforced the importance of strategic acquisitions and strong market connections. While many flips require renovations, this property showed that with the right purchase price and demand, a quick resale can be just as profitable. The key takeaway: knowing when to rehab and when to resell as-is is crucial for maximizing returns.