First Wholesale Deal Sold

[Kirk Zacharda]

Our business model is not unlike a lot of other investors. We will wholesale if we dont like the area, if the numbers dont meet our criteria or if we just dont have the capital to fund the deal. 

This particular property was in San Bernardino- D area maybe a little bit of a war Zone. We sold to a colleague of ours.  He flips 120 deals a year in the Inland Empire.  We have modeled our business after his. 

11/1/15 was our closing 

380 San Felipe rd

We got it under contract at 117k 

Sold to investor for 121k

Netted with commission 6k

This home sold in May 2016 for 178k