My first wholesale deal

[Gentry Ojomo]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $150,000
Sale price: $175,000

Found from a NOD list and helped the man out of his forclosure

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

The beginning of RE investing

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

NOD, Knocked the door

How did you finance this deal?

Hard money the catch up costs

How did you add value to the deal?

It was my deal, found and sold

What was the outcome?

Sold the deal for a 25k profit

Lessons learned? Challenges?

Real estate is easier than i thought

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

The title company First Liberty Title