First Wholetail Deal - McAllen

[Boone Tyson]

Investment Info:

Single-family residence fix & flip investment in Mcallen.

Purchase price: $93,000
Sale price: $105,000

Bought this from a wholesaler. Decided that we would attempt to resale on MLS since we had our crews on other projects. Found another cash buyer instantly and got it sold in less than a month.

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

quick cash turnaround - minimum exposure - scalability

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

wholesaler brought it to us and we negotiated down a little

How did you finance this deal?

LOC

How did you add value to the deal?

got it better exposure on the MLS

What was the outcome?

It sold very quickly to another flipper for cash