212 Nero Ct Mt. Juliet Wholesale

[Brian Benton]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $25,000
Sale price: $40,000

this was a pretty straight forward wholesale deal. Assigned the contract and made $15k.

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

quick and easy and happened to be 2 miles from my old home.

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

through a pay per lead service

How did you finance this deal?

had cash on standby but since I assigned the contract, no financing was needed.

How did you add value to the deal?

Even at the wholesale price, buyer had a ton of margin left to make which he did when completed his sale of the rehabbed property.

What was the outcome?

Everyone walked away content with their deals. This one was a good one!!

Lessons learned? Challenges?

Wholesaling (contract assigning) is a solid strategy.

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

I actually sold this deal to a real estate agent (Brian Bandas). Solid guy.