Quick Profit: Partner Driven & Nathan Ward Flip in Leoma, TN!

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $171,000
Sale price: $185,000

Contributors:
Peter Vekselman

Partner Driven teamed up with Nathan Ward to secure a profitable deal on Day Rd in Leoma, TN. Purchased on 2/7/25 for $171,000, the property offered a quick-turn opportunity. With strong market demand, it sold the same day for $185,000, resulting in a solid profit. This swift transaction highlights the power of strategic partnerships and market timing.

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

Partner Driven identified this property as a quick-turn opportunity with immediate equity potential. Its solid condition and market demand in Leoma, TN, made it an ideal candidate for a fast sale, ensuring a strong return on investment with minimal holding time.

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

This deal came through Nathan Ward’s local connections and market insight. Partner Driven supported the negotiation, securing the property below market value at $171,000, ensuring enough spread for a profitable sale. Strategic timing and market research played key roles in the negotiation process.

How did you finance this deal?

Partner Driven provided 100% of the funding, covering the $171,000 purchase price. This allowed Nathan Ward to focus on deal execution without worrying about upfront costs or financing logistics, streamlining the transaction for a same-day sale.

How did you add value to the deal?

While no renovations were required, Partner Driven’s market research, funding, and negotiation expertise added significant value. Their ability to identify the property’s potential and move quickly ensured the property was sold for $185,000 the same day, maximizing returns.

What was the outcome?

The outcome was a successful same-day flip, resulting in a $14,000 profit. The streamlined process and strong market demand allowed Partner Driven and Nathan Ward to capitalize on a quick-turn opportunity, demonstrating the effectiveness of their partnership.

Lessons learned? Challenges?

This deal reinforced the value of market timing and strong local partnerships. The main challenge was ensuring the buyer was secured for a same-day close, but Nathan Ward’s network made it possible. It highlighted the importance of strategic planning in quick-flip scenarios.