Appraised at $750,000 Bought for $525,000

[Ken M.]

Investment Info:

Single-family residence buy & hold investment in Phoenix.

Purchase price: $525,000

Appraised at $750,000 Bought for $525,000

Bought "off market"

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

Bought "off market" Started off as Subto at $640,000 ended up paying cash for $525,000

How did you add value to the deal?

The secret is in the "sauce" - Fulfilled their need

[Ismael Reyes]

Quote from @Ken M.:

Investment Info:

Single-family residence buy & hold investment in Phoenix.

Purchase price: $525,000

Appraised at $750,000 Bought for $525,000

Bought "off market"

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

Bought "off market" Started off as Subto at $640,000 ended up paying cash for $525,000

How did you add value to the deal?

The secret is in the "sauce" - Fulfilled their need

Congratulations on an outstanding investment! Securing an off-market property with that level of built-in equity is a great example of why relationships and creative problem-solving matter. The real win wasn't just the purchase price, it was understanding the seller's needs and creating a true win-win outcome. Well done!