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9
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12
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Garland Best
  • Realtor
  • Dallas, TX
12
Votes |
9
Posts

Wholesale deal in Lancaster, TX

Garland Best
  • Realtor
  • Dallas, TX
Posted

Investment Info:

Single-family residence wholesale investment.

Purchase price: $210,000

Great 4 br, 2ba single family home in a quiet neighborhood. Needs cosmetic updated to kitchen, and baths. All mechanicals work fine. Roof needs a couple of shingles and will need replacing in a few years - not leaking. This is a wholesale deal, great as a buy and hold. Photos coming.

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

Property has equity, no major repairs needed

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

I know the owner and negotiated with her directly.

How did you finance this deal?

Under contract

How did you add value to the deal?

N/A

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am a licensed agent.

  • Garland Best