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Updated about 2 years ago on . Most recent reply

User Stats

6
Posts
11
Votes
Jim Javier
  • New to Real Estate
  • Pleasanton, CA
11
Votes |
6
Posts

My first wholesale purchase

Jim Javier
  • New to Real Estate
  • Pleasanton, CA
Posted

Investment Info:

Mobile home buy & hold investment.

Purchase price: $59,000
Cash invested: $30,000

Purchased wholesale from an investor met in rei course.

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

Cash flow with possible flip upside.

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

This deal was brought to me by someone in my network.

How did you finance this deal?

Cash

Lessons learned? Challenges?

Research more comps prior to purchase.

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