2nd deal in the books , I swear REI is super addictive !

[Leroy Feireira-shearin]

Investment Info:

Single-family residence wholesale investment in Reading.

Purchase price: $15,000
Sale price: $24,000

2nd deal in the books , I swear REI is super addictive !

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

Seller Called one of my bandit signs ! this was an easy one seller needed a certain amount which we were able to guarantee him , we had leverage on the buyer because the buyer owned 2 properties that were attached to this one .

How did you finance this deal?

with opm!

How did you add value to the deal?

I added value to deal because I was able to get out there and negotiate the deal to a point where it made sense to all parties involved !

What was the outcome?

Closed Deal , Checks were Cut !

Lessons learned? Challenges?

to Be patient , I was still new to REI , and I could have negotiated this deal to make a bit more !

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

yes , I worked with a local real estate agent name Nelson Gamez, I was able to connect with him and his client to close on this transaction .