Creative RAL Wholesale deal
Investment Info:
Single-family residence wholesale investment in Las Vegas.
Purchase price: $330,000
Sale price: $375,000
Residential Assisted Living Wholesale deal
What made you interested in investing in this type of deal?
Bank owned, value add in bank unaware of property being a former assisted living facility
How did you find this deal and how did you negotiate it?
Alternative channels, unlisted bank owned property
How did you finance this deal?
Private money, transactional funding which transitioned into Hard Money
How did you add value to the deal?
Position as RAL
What was the outcome?
Wholesale deal grossing $45,000