First Double-Escrow flip

1 Reply

Hey guys My name is Willny Guifarro and I'm a recent high school graduate. I've done 1 wholesale deal before and I'm currently closing on my 2nd deal 😁 I found a lead on Craigslist for a house and if was an absentee owner. He got a $300K house for just $27K after winning it at an auction. The owner ended up flipping it to me for $47.5K and I recently found a buyer for this property for $215K. All in all, this deal is netting around $140K after taxes. Glad to say that I'm very excited to be in this industry, I've been preparing myself for this moment all my senior year. Like I honestly didn't go to any senior events or hang with "the crowd". Just spent my days on my laptops trying to get a deal cooking and I'm proud to say that all the hard moments paid off . Regards -Will

@Willny Guifarro

Wow, that is super awesome to hear! That is quite a steep profit for wholesaling, more like a wholetale. What type of marketing did you do? How long did it take to land that deal? I'm especially interested since I heard some mixed reviews about  Craigslist

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you