Super Fast Wholesale

[Lance A White]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $61,000
Sale price: $64,000

Wholesale deal where I connected another wholesaler with one of my buyers.

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

Zero money and two hours of time into the deal.

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

I had a buyer looking so I met up with another wholesaler at the investor meeting the next night. They had just put this property under contract earlier in the day.

How did you finance this deal?

Uhm...I didn't.

How did you add value to the deal?

I connected a buyer with a seller

What was the outcome?

I made $2700.

Lessons learned? Challenges?

Try and find Win, Win, Win situations.

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

No. This was a bang bang deal with only our awesome title company Charter Title, who knocked it out in about a week.