Wholesale deal break down
Investment Info:
Single-family residence wholesale investment.
Purchase price: $10,000
Sale price: $20,000
inbound lead came trough out of state seller looking to liquidate we contracted this 2bd 1ba fixer upper for $10,000 really we wanted to keep and do the renovation to capture the equity on market but it was more convenient to assign the deal we are looking for more money resources lets connect
What made you interested in investing in this type of deal?
My first thoughts was that maybe we would not be able to find a buyer but eventually we did and was really excited to add value to the motivated out of state seller
How did you find this deal and how did you negotiate it?
Text the seller he reached back out through a phone call went bank and fourth about price and than eventually landed on a price that worked out
How did you finance this deal?
assigned the deal
How did you add value to the deal?
Direct to seller and buyer
What was the outcome?
10,000 net profit
