My first wholesale deal
Investment Info:
Single-family residence wholesale investment in Pittston.
Purchase price: $5,000
Sale price: $5,000
I made 1,000.00 asignment fee on a 5,000.00 property
What made you interested in investing in this type of deal?
It was something new I was learning and needed to make sure it was a legit process
How did you find this deal and how did you negotiate it?
The seller was a friend of mine and I was helping him out of a tough spot
How did you finance this deal?
I didnt
How did you add value to the deal?
By being the voice of reason and knowing who to envolve
What was the outcome?
It was a win for all parties
Lessons learned? Challenges?
Stop allowing myself to get in my own way of success
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I did oddly enough I just picked one at random and explained what my goals were and allowed him to help me make it happen.