Updated almost 5 years ago on . Most recent reply
Quick Wholesale Deal
Investment Info:
Single-family residence wholesale investment in Aurora.
Purchase price: $274,500
Sale price: $290,000
Found this property when D4D & noticed a dumpster out front. Stopped by to talk to a man and found out they were looking to sell but home was not in MLS Listing condition. I offered my help to get them a dumpster for a few more days, built a relationship, and had a contract signed within 3 days. House sold the same day it was sent out for full asking price.
Lesson learned here as always. Offer your time, build real relationships and the process becomes that much easier.
What made you interested in investing in this type of deal?
Hot area for rentals/flips
How did you find this deal and how did you negotiate it?
D4D - Built Rapport
How did you finance this deal?
End buyers cash
How did you add value to the deal?
Offering my time and being genuine.
What was the outcome?
Satisfied seller, satisfied buyer and now we all got to make some money.
Lessons learned? Challenges?
Hold onto relationships with sellers - they always know someone!