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Updated almost 7 years ago on . Most recent reply
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20 Year Old Completes First Wholesale Deal
Ahhhhh finally successfully flipped my first contact/property at 20 years old. After failing numerous amounts of times, the persistence finally paid off. Profit was only 4,000 but am extremely grateful as it motivates me to do more. Thank you to Biggerpockets.com, the podcasts, the other forums, articles, and everyone who responded to me and led me in the right direction. BiggerPockets helped me immensely, as it was the first place I came to when I got into real estate investing. Thank you everyone !!!
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Originally posted by @Account Closed:
Congrats! Please provide details. How did you find the lead? How did you close? Etc...
Actually spent no money on the lead. I was just browsing through Craigslist and saw a motivated seller headline. Called the seller up, got it under contract. Sent it out to my buyers and closed a week later with an investor friendly title company. 466 under contract and flipped it for 470.