First Wholesale Deal = 5k

14 Replies

I just posted the long version on my blog here -

but here is the quick version -

My business partner chris minchin and I put a home under contract for 30k, marketed the home for 39K, and accepted a cash offer of 35k. We then assigned our contract for 5k to the end buyer.

Buyer paid closing costs and we got a check from the title company for 5k on our first deal. The best part was finding a buyer in 5 days! :woohoo:

Originally posted by Don Konipol:
It's your first deal and you are already more qualified than most gurus!


Johnny look forward to hearing about your next deal.

Very good, Johnny......keep it up. As mentioned before, rinse and repeat to the point you can automate your business. Wishing you much more success in the near future......


Way to go man. :cool: Did you find out from the buyer how he got your information about the house? I try to track my marketing so I know what's working in my business. Good for you and your partner. Let us know when you get your next one.

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