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All Forum Posts by: Jrell A.

Jrell A. has started 2 posts and replied 7 times.

Post: Wholesale deal out in TX

Jrell A.Posted
  • Wholesaler
  • Texas
  • Posts 7
  • Votes 3
Quote from @Kyle Mccaw:

Congrats on your success.


Thank you for that, currently waiting for all documents to be finalized so we can close. 

Post: Wholesale deal out in TX

Jrell A.Posted
  • Wholesaler
  • Texas
  • Posts 7
  • Votes 3

Investment Info:

Single-family residence wholesale investment.

Purchase price: $120,000
Cash invested: $5,000
Sale price: $144,000

Have not closed yet, waiting on final docs.

What made you interested in investing in this type of deal?

Close to airport,
ARV $216,000
Very minimal rehab

How did you find this deal and how did you negotiate it?

Our team/contractors collected the data and negotiated the deal.

How did you finance this deal?

Going to be a wholesale

How did you add value to the deal?

Presenting to an end buyer in my network at a deep price

What was the outcome?

Waiting to close

Lessons learned? Challenges?

Source 50%-65% more deals

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Currently looking for a short term business lender

Post: Short term business lending

Jrell A.Posted
  • Wholesaler
  • Texas
  • Posts 7
  • Votes 3

That was actually really beneficial 

Post: Short term business lending

Jrell A.Posted
  • Wholesaler
  • Texas
  • Posts 7
  • Votes 3

Waiting on one of our properties to close this quarter, currently looking for short term business lending so we can take care of employees payrolls while we wait for the property to close. Open to any replies.