Investment Info:

Single-family residence wholesale investment.

Purchase price: $100,000
Sale price: $147,000

Contributors:
Peter Vekselman

Partner Driven and Debra Cottom teamed up to purchase a home at Bayport Dr, Lancaster, TX, on 12/10/2024, for $100,000. With no renovations needed, we leveraged strategic pricing and marketing to sell it the same day for $147,000. This successful deal highlighted our ability to act quickly and capitalize on market-ready opportunities, delivering impressive results with speed and efficiency.

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

The Bayport Dr deal intrigued us due to its market-ready condition, favorable purchase price, and high potential for profit with minimal effort. The opportunity to collaborate with Debra Cottom on a deal requiring no renovations made it a perfect fit for a swift and profitable transaction.

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

Partner Driven identified the Bayport Dr property through our extensive network and partnerships. With Debra's expertise and keen negotiation skills, we secured the home for $100,000, ensuring it was positioned for a profitable and quick resale.

How did you finance this deal?

This deal was financed using Partner Driven’s capital resources, allowing for a seamless and efficient transaction. Our established process provided the financial backing to secure the property, enabling Debra to focus on the resale strategy.

How did you add value to the deal?

Partner Driven’s marketing expertise and network connections were key to this deal’s success. By positioning the property effectively and highlighting its strengths, we attracted motivated buyers quickly, ensuring a successful sale without the need for renovations.

What was the outcome?

The Bayport Dr deal closed successfully on the same day of purchase, selling for $147,000. This transaction demonstrated the strength of our partnership with Debra Cottom and our ability to capitalize on quick-turnaround opportunities.

Lessons learned? Challenges?

This deal reinforced the importance of recognizing market-ready opportunities and leveraging strategic partnerships. By acting quickly and aligning efforts with Debra’s expertise, we achieved success with minimal challenges, showcasing the power of collaboration and decisive action.