Updated almost 7 years ago on .
Third wholesale deal
Investment Info:
Small multi-family (2-4 units) wholesale investment.
Purchase price: $21,000
Cash invested: $100
Sale price: $25,000
This one was a real gem, that's about all I have to say about that! It is slated to make the owner about a 19% COCR.
How did you find this deal and how did you negotiate it?
A wholesaler who I had been mentoring found it driving for dollars. Interestingly enough, it was the same owner as the second wholesale deal I did. I reached out and a deal was made because of our close relationship.
Lessons learned? Challenges?
I was out of town when I orchestrated most of this deal. I paid another wholesaler I was also mentoring to go grab pictures. I learned that I could do deals from wherever I want.
