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Updated about 5 years ago on .

User Stats

13
Posts
10
Votes
Leroy Feireira-shearin
  • Realtor
  • Temple, PA
10
Votes |
13
Posts

I should of flipped this one !

Leroy Feireira-shearin
  • Realtor
  • Temple, PA
Posted

Investment Info:

Single-family residence wholesale investment in Reading.

Purchase price: $255,000
Sale price: $265,000

Fix & Flip Or Wholesale Deal ? I did not have funding in place so panicked and wholesaled it SMH !

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

it was a perfect Fix & FLIP !

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

same seller for 1106 Cotton st called me up a couple of days later and gave me this opportunity !

How did you finance this deal?

Opm

How did you add value to the deal?

I connected the dots !

What was the outcome?

successful transction , but I still till this day regret the panic of not keeping this as my first fix & Flip !

Lessons learned? Challenges?

I should have wayed my options a bit better before wholesaling this deal away !

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

no .