Closed another wholesale deal this week in Horn Lake, MS.

[Spencer Shadrach]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $85,000
Sale price: $87,000

Nice little wholesale fee. Seller was happy. Buyer has really happy. Not a huge swing but nice little base hit.

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

Wholesale Deal

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

Used www.americantracers.com and found the owners phone number. Called the owner and negotiated a sales price.

How did you finance this deal?

Wholesale Deal. Buyer financed the deal.

How did you add value to the deal?

Moved the deal for the seller and the cash buyer found another deal.

What was the outcome?

Wholesale Fee to our company.

Lessons learned? Challenges?

Always get it under contract and see if you can move the deal.