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Updated about 3 years ago on . Most recent reply

User Stats

641
Posts
204
Votes
Jose Castillo
  • Flipper/Rehabber
  • Springfield, MA
204
Votes |
641
Posts

2 wholesale deals - 75k profit

Jose Castillo
  • Flipper/Rehabber
  • Springfield, MA
Posted

Hey guys, I want to inspire all those wholesalers starting out. I've been in the business for 5 years and have done close to 50 deals. I finally decided to pull the trigger and flip one of the properties after 4 years of assigning everything. I wish I had done it sooner. I guess I was comfortable with taking assignment fees because it was just so easy and convenient (once I built a good network). I wish I would have done this sooner in my career. Now I'm closing on every deal and the moment I decided to do so my income sky rocketed. I got two deals for 75k profit. Usually with assignments I would make 20k max on those deals. Maybe 30k. Point of this here is to inspire wholesalers to pull the trigger and close on these deals and put them back on the market. You'll make much more.

Most Popular Reply

User Stats

2,325
Posts
2,314
Votes
Matthew Irish-Jones
  • Real Estate Agent
  • Buffalo, NY
2,314
Votes |
2,325
Posts
Matthew Irish-Jones
  • Real Estate Agent
  • Buffalo, NY
Replied

@Jose Castillo got it so you didn’t actually flip it you double closed.

Where are you generating inventory from? Auction, marketing, REO?

  • Matthew Irish-Jones
business profile image
Irish Jones Realty
4.8 stars
43 Reviews

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