Updated over 3 years ago on . Most recent reply
Wholesaling 2022 works!!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $127,000
Sale price: $135,000
1st Deal completed 👌
What made you interested in investing in this type of deal?
The seller was a friend, and gave me the opportunity.
How did you find this deal and how did you negotiate it?
Already in network:
Really tried to get as close as the seller wanted to be comfortable.
How did you finance this deal?
Wholesale : $0
How did you add value to the deal?
I knew a title company, and had sold my house so I knew the steps.
What was the outcome?
Completed deal @8k profits
Lessons learned? Challenges?
EMD goes back after deal is completed. Get pay off asap. Have a buyer-inspections ready.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Title company. No lenders or agents for this deal. I am looking to build a relationship with a lender looking to start getting my business rolling.
