A quick sale without any cash in!

[Jim Canull]

Investment Info:

Single-family residence wholesale investment in Indianapolis.

Purchase price: $205,000
Cash invested: $1
Sale price: $240,000

I often find homes and look around for an investor to buy it, but this one I ended up buying on my own.

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

I know the area well and knew this was a no-brainer; which are my favorite type of deals:)

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

I saw the price had a huge reduction and knew they were likely very flexible on the pricing

How did you finance this deal?

hard money lender

How did you add value to the deal?

I didn't have to

Lessons learned? Challenges?

Have more investors in my pocket for deals like this

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

no