Investment Info:
Small multi-family (2-4 units) wholesale investment.
Purchase price: $185,000
Sale price: $250,000
Duplex in the desirable Seminole Heights area. Boasting 2 units. A 3/1.5 and a 1/1.
The investors stands to make a substantial return with comps well over $600k
What made you interested in investing in this type of deal?
It’s an amazing area and houses sell very quickly
How did you find this deal and how did you negotiate it?
Cold calling and we negotiated using fact based information
How did you finance this deal?
We wholesaled it
What was the outcome?
We wholesaled the property and the investors involved were happy
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes! DoubleClose and SEP Capital! Also, Felix Montanez who is a real estate attorney. Sellers had liens on a previous property that needed to be rectified prior to the sale and they handled it swiftly. Negotiated the liens down by over $70k!
