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Updated over 6 years ago on . Most recent reply

User Stats

204
Posts
151
Votes
Quito Keutla
  • Real Estate Agent
  • Renton, WA
151
Votes |
204
Posts

My Second Wholesale Deal!

Quito Keutla
  • Real Estate Agent
  • Renton, WA
Posted

Investment Info:

Single-family residence wholesale investment in Renton.

Purchase price: $308,000
Sale price: $380,000

This was my second wholesale deal, a referral from an agent friend. Overall this was a clean deal didn't have any issues. The owner was lady who got a property through a divorce and after living in there for a couple of years found it was hard to maintane the .5 acre lot plus with a single income didn't want the financial stress and also the memories in the house. She wanted to move out of state. Assigned for 72k within 24hrs the investor spent 30k and sold it for 524k

Most Popular Reply

User Stats

134
Posts
97
Votes
Noel Challenger
  • Realtor
  • Paterson, NJ
97
Votes |
134
Posts
Noel Challenger
  • Realtor
  • Paterson, NJ
Replied

How did you compensate the agent, if you mind me asking? Besides that, that's one heck of deal. Congrats!

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