first wholesale deal of 2023 to start the year

[Robert Collins]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $190,000
Sale price: $201,000

Contributors:
Michael Oliver

this was a wholesale deal we had been marketing to back in 2022.

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

the seller was out of state and was ready to sell the home

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

i used SMS to reach out to the home owner to see if they would be interested in selling, they agreed to terms, and price and we found a buyer that wanted it.

How did you finance this deal?

the buyer brought 100% of the cash, and paid us acquistion fee