Lightning Turn on French Rd
Investment Info:
Single-family residence wholesale investment.
Purchase price: $13,500
Sale price: $18,000
Contributors:
Peter Vekselman
Partner Driven worked with Michael Watcke on a same-day transaction on French Rd in Detroit, Michigan. The property was purchased and resold the same day with no rehab required. This deal highlights how even smaller, lower-priced properties can generate strong results with speed and execution.
What made you interested in investing in this type of deal?
The property offered a very low entry point with immediate resale potential. Its condition and location made it an attractive candidate for a fast-turn strategy, demonstrating that value can be created without renovations or long holding periods.
How did you find this deal and how did you negotiate it?
Michael sourced the property through local outreach and quickly recognized the opportunity. The seller was motivated and looking for a straightforward, fast closing, which allowed negotiations to remain simple and efficient. Acting quickly enabled the transaction to be completed the same day.
How did you finance this deal?
Partner Driven funded 100% of the $13,500 purchase, allowing the transaction to move forward without personal capital. With no rehab costs or holding period, the structure was simple and efficient.
How did you add value to the deal?
Value was created through timing and execution rather than physical improvements. By connecting the property with the right buyer and closing quickly, the team converted a small opportunity into a profitable outcome.
What was the outcome?
The property sold for $18,000 on the same day it was purchased. The quick turnaround demonstrates that even low-cost properties can produce measurable returns when executed efficiently.
Lessons learned? Challenges?
This deal reinforced that profitable opportunities can exist at all price points. Speed, preparation, and decisive execution were key to turning a small property into a clean, successful transaction.
- Julie Muse
