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Updated almost 3 years ago on .

User Stats

23
Posts
13
Votes
Cassidy Melhorn
  • Flipper/Rehabber
  • Knoxville, TN
13
Votes |
23
Posts

Karns Easy Wholetail

Cassidy Melhorn
  • Flipper/Rehabber
  • Knoxville, TN
Posted

Investment Info:

Single-family residence wholesale investment.

Purchase price: $200,000
Cash invested: $200,000
Sale price: $305,000

Wholetail. The person who bought from me went on to sell it for $370,000

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

Im always buying this type of deal

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

Volhomes.com website lead

How did you finance this deal?

Used my own cash

How did you add value to the deal?

I spent a lot of marketing money long before this deal ever came along. I also had cash waiting for this deal, which was valuable to the seller.

What was the outcome?

Everyone won

Lessons learned? Challenges?

I got the bag but left a little money on the table but was able to continue focusing on long term wealth

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Victoria Melhorn is the best realtor in Tennnessee so that makes life easy.