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Updated over 5 years ago on .

User Stats

260
Posts
222
Votes
John K.
  • Wholesaler/Investor
  • Dallas, TX
222
Votes |
260
Posts

Great Duplex, Easy Negotiations

John K.
  • Wholesaler/Investor
  • Dallas, TX
Posted

Investment Info:

Small multi-family (2-4 units) wholesale investment in Wichita Falls.

Sale price: $45,000

Easy transaction on a really good property.

Will rent for $1150, at a minimum.

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

The love of MF.

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

Lead generator/ Phone call with owner, took 10 minutes.

How did you finance this deal?

Cash

How did you add value to the deal?

Saved my buyer almost $5K off of their high purchase

What was the outcome?

Excellent opportunity for my buyer

Lessons learned? Challenges?

N/A

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

No