WHOLETAIL DEALBREAK DOWN

[Dw Chalmers]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $30,000
Cash invested: $3,000
Sale price: $45,000

we purchase this property with a hard money loan for $30,000 and wholetaled it right back on market for a 13k profit sold it for for $45,0000

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

what attracted us to the deal is that we recently wholsaled a month prior up the street from this subject house so we were very familiar with the comps to know it was a deal for us to capture a spread

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

through text is how we found the deal

How did you finance this deal?

lender in my area that i have a relationship with funded the deal

How did you add value to the deal?

we added value by acquisitions knowing the spread and acting quickly

What was the outcome?

$13,0000 Net profit