Updated about 1 year ago on .
Single Family Residence Wholesale investment
Investment Info:
Single-family residence wholesale investment.
Purchase price: $100,000
Sale price: $115,000
Purchased a 2 BR single family home in the 51106 zip code of Sioux City and wholesaled it to an investor that same week. I offered $100,000 (buyer paid closing costs)and he paid $115,000. Simultaneous closing.
How did you find this deal and how did you negotiate it?
cold calling
What was the outcome?
$15,000 gain, $0 investment
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No