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Updated almost 3 years ago on .

User Stats

34
Posts
16
Votes
Stephanie Ford
  • Real Estate Broker
16
Votes |
34
Posts

Quick $20k Made on Triplex Unit

Stephanie Ford
  • Real Estate Broker
Posted

Investment Info:

Small multi-family (2-4 units) wholesale investment.

Purchase price: $2,000
Cash invested: $1,000
Sale price: $22,000

Triplex unit in need of repair

What made you interested in investing in this type of deal?

Quick money wholesaling property

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

Mailing list

How did you finance this deal?

self finance

How did you add value to the deal?

maintained yard, clean out

What was the outcome?

wholesaled to another investor

Lessons learned? Challenges?

n/a