Wholesale deal break down
Investment Info:
Single-family residence wholesale investment.
Purchase price: $30,000
Sale price: $53,000
Lead came in out of state investor looking to sell we contracted this house for $30,000 it was lightly fire damaged
What made you interested in investing in this type of deal?
knowing the market and that particular area i instantly knew there was a spread to capture and we did just that with a $23,000 dollar assignment fee
How did you find this deal and how did you negotiate it?
inbound lead came through and we contracted the deal direct to seller
How did you finance this deal?
we assigned this deal
How did you add value to the deal?
being direct to seller brining a good deal to the market place
What was the outcome?
$23,000 assignment
