Updated almost 7 years ago on . Most recent reply
My second Wholesale deal
Investment Info:
Single-family residence wholesale investment in Columbus.
Purchase price: $50,000
Cash invested: $1,100
Sale price: $57,500
Single-family home, tired landlord.
What made you interested in investing in this type of deal?
The owners were really nice and motivated. I wanted to work with them.
How did you find this deal and how did you negotiate it?
I sent out mailing.
How did you finance this deal?
My credit card.
How did you add value to the deal?
I closed fast with my buyers.
What was the outcome?
Everyone was happy on closing day.
Lessons learned? Challenges?
I need more cash buyers.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Not on this deal.