Single-family residence buy & hold investment in Macon.
Purchase price: $45,000
Cash invested: $9,800
Wholesale property, 5 bedrooms, 2 bathrooms.
What made you interested in investing in this type of deal?
The price and recent sales in neighborhood.
How did you find this deal and how did you negotiate it?
How did you finance this deal?
Private Money Lender
How did you add value to the deal?
What was the outcome?
Lessons learned? Challenges?
How to close a deal when a property is listed with a wholesaler.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Nice! Do you plan to refi out of private loan? Is ARV above $50k (From what I'm learning, most banks won't finance below $50k). Any advice on purchasing in Macon?
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