Updated about 7 years ago on .
First Wholesale Deal
Investment Info:
Small multi-family (2-4 units) wholesale investment in Indianapolis.
Purchase price: $2,000
Sale price: $7,000
Blighted duplex near downtown.
What made you interested in investing in this type of deal?
This property is 2 doors down from my first rental property and was acquired in a package with the rental.
How did you find this deal and how did you negotiate it?
I received the lead from the Pastor of the church that owned the property and there was not much negotiation. I paid the asking price for property.
How did you finance this deal?
Cash
