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Updated about 11 years ago on . Most recent reply

User Stats

131
Posts
67
Votes
Bill R.
  • Investor
  • Branford, CT
67
Votes |
131
Posts

1st deal of year

Bill R.
  • Investor
  • Branford, CT
Posted

Hey BP wholesalers, after taking last year off I will be closing my 1st wholesale deal of the year Friday. I have been actively creating and mailing to probate, bankruptcy and pre foreclosure. Concentrating mostly on probate, some calls came in that I put offers on but no takers. What brought this deal was just making sure people I come in contact w\ know what I am doing. I ran in to a contractor buddy and he asked me how I was doing and in conversation I told him I was active in REI again and he could hardly contain himself to tell me about a seller he knew looking to unload his house and how he couldn't do it. Said he was extremely motivated, drove by that afternoon - met seller 2 days later. Under contract and lock box that day, market to 3-4 serious buyers on my list (that I have sold 2 in past) they went in on their own and had assignment signed 1 day later. Title is back, clean, all attorneys in contact - closing Friday. Feels good to be back in the game.

  • Bill R.
  • Most Popular Reply

    User Stats

    131
    Posts
    67
    Votes
    Bill R.
    • Investor
    • Branford, CT
    67
    Votes |
    131
    Posts
    Bill R.
    • Investor
    • Branford, CT
    Replied

    @Ty Burns Contracted property for 20k, marketed for 40-45k. Buyer I have done business w/ before was at 30k - told him 35k would be a deal. Next morning he committed. 15k assignment.

  • Bill R.
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