Updated almost 4 years ago on .
Interesting deal Done
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $290,000
Sale price: $290,000
shortsale that had squatters annoting rewnant and needed 80k all in all was worth it
What made you interested in investing in this type of deal?
Was trying to make everything work the house needed a short sale in which you cannot wholesale, Thank God i was an admin of my Realty firm and we had a great team
How did you find this deal and how did you negotiate it?
looked thru data on acouple of different outlets found the property skipped trace owner .
How did you finance this deal?
No
How did you add value to the deal?
Paperwork Learning about short sale process, Connected all parties
What was the outcome?
Listed it as a short sale and was sold for 290000
Lessons learned? Challenges?
Patience and understanding of Real estate
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
yes