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Updated almost 4 years ago on .
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Edinburg Texas Wholetail
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $67,000
Sale price: $80,000
Bought this property from a wholesaler. decided to opt for a quicker turnaround time since we had some other flips going on with higher profit margins. Sold this house on the MLS and made just under 10k.
What made you interested in investing in this type of deal?
It was a simple project and we knew that we purchased it cheap enough that we had an abundance of options.
How did you find this deal and how did you negotiate it?
Wholesaler. we made an offer lower than their asking price and after a week or 2, they came back to us and took our price.
How did you finance this deal?
LOC
How did you add value to the deal?
posted on MLS only
What was the outcome?
Quick sale
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