First deal ever (Baptized by fire)

[Terrance Hall]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $150,000
Sale price: $173,825

Very first deal

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

Prospecting

How did you finance this deal?

I brought in investors

How did you add value to the deal?

I leveraged my network and was able to bring them in on the deal in order to make it work.

What was the outcome?

Got an offer in 3 days and eventually closed!

Lessons learned? Challenges?

Real estate sale with probate issues can be very challenging. My client was also working with another agent to purchase a home and did not inform me. I should have madee sure she wasn't working with anyone else.

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

Dustin Olverson