Updated about 6 years ago on . Most recent reply
Investor's Special: Wholesale Deal
Investment Info:
Single-family residence wholesale investment in San Diego.
Purchase price: $417,000
Cash invested: $1,000
Sale price: $575,000
3/2, 1400 square feet in San Diego California. Technically it was a 2/2, but my cash buyer converted the den to a third bedroom. The repairs were cosmetic. And his wife is a real estate agent. After my wholesale fee of 20K, and roughly 17K in repairs, they walked away with just over 100K. Life is good. I'll continue to wholesale until I can start buying multi-families.



