Hermosa Neighborhood Signle Family Wholesale Deal

[Michael Kevorkian]

Investment Info:

Single-family residence wholesale investment in Chicago.

Purchase price: $120,000
Cash invested: $1,000
Sale price: $160,000

This deal was brought in by a realtor who is on the buyer email list that properties are blasted to. She reached out and mentioned she had a seller looking to make a deal off-market. Got the property under contract and flipped it to another investor.

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

The price was right

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

Realtor brought it as an off-market opportunity

How did you finance this deal?

N/A Wholesale deal

How did you add value to the deal?

Bought it right

What was the outcome?

Sold to another investor