Investment Info:
Single-family residence wholesale investment in Duncan.
Purchase price: $270,000
Off of the market in Decatur, GA sits this large 4-sided brick split level home. This deal is intended to be a cosmetic fix & flip with 4beds, 2.5baths, 1,916 of square footage with a 2 car garage.
The story behind this transaction is miraculous. My buyer, as a mother of 2 children, newly divorced and searching for a home to live in saw one of my advertisements around the area as she was walking to the park. She then gave me a call, told me she was looking to buy a home to live in, but she was also curious to know what it is that I do. I let her know I help seasoned & new investors skyrocket their REI career. From that very phone call, we stayed in communication and I provided as much information on REI that I could based on my experience, and a few months later she purchased this house. However, this home was not for her to live in, but for her to fix & flip as an investment. I am still so grateful to have received this opportunity of changing her life, and leading her into financial freedom.
How did you finance this deal?
Cash
Lessons learned? Challenges?
Throughout this process I have learned that you add value to yourself, when you add value to others. Be an open heart and an open book.
