Investment Info:
Single-family residence wholesale investment.
Purchase price: $117,000
Cash invested: $10
Sale price: $122,000
Wholesale deal for a single family home in port charlotte, Fl closed in a great timeframe.
What made you interested in investing in this type of deal?
It was a good experience with a couple of challenges that got solved very simply and smoothly.
How did you find this deal and how did you negotiate it?
I got the deal from craigslist ads.
How did you finance this deal?
There was only my $10 earnest money deposit.
How did you add value to the deal?
I facilitated the connection between the seller Brian who needed the house sold and Gerald the buyer who flipped it for a large profit.
What was the outcome?
A smooth transaction with all the parties benefiting.
Lessons learned? Challenges?
Be prepared for everything to go wrong.
