All Forum Posts by: Dw Chalmers

Investment Info:

Single-family residence wholesale investment.

Purchase price: $125,000
Cash invested: $2,500
Sale price: $140,000

We helped a Marion, AR homeowner sell his home as-is with no realtor fees. Located in a desirable neighborhood, the property needed only light rehab. Our team even assisted with packing and relocation to ensure a smooth move. We assigned the deal to a repeat buyer who was thrilled with the opportunity. A true win-win made possible by our commitment to value, integrity, and care.

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

A homeowner reached out to us after seeing one of our bandit signs. From initial contact to signing the contract, the process took about 30 days. He was an older gentleman looking to liquidate and downsize. Initially, he was seeking a higher price and even went quiet for about two weeks. However, he eventually reconnected with us, and we were able to reach a mutually agreeable price of $120,000. We were happy to assist him and successfully closed the deal.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $125,000
Cash invested: $2,500
Sale price: $140,000

We had the privilege of assisting a local homeowner in Marion, AR by purchasing his property completely as-is, with no realtor fees or commissions involved. This home, located in a highly desirable, cookie-cutter neighborhood, required only light rehab — making it a perfect opportunity for our network of trusted buyers.

Understanding the homeowner's situation, our team went the extra mile by personally helping him pack and relocate to his next home, ensuring a smooth and stress-free transition. Once under contract, we successfully assigned this deal to one of our repeat buyers, who was thrilled with the property's potential. Another win-win solution, made possible by our commitment to delivering value with integrity and care.

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

A homeowner reached out to us after seeing one of our bandit signs. From initial contact to signing the contract, the process took about 30 days. He was an older gentleman looking to liquidate and downsize. Initially, he was seeking a higher price and even went quiet for about two weeks. However, he eventually reconnected with us, and we were able to reach a mutually agreeable price of $120,000. We were happy to assist him and successfully closed the deal.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $125,000
Cash invested: $2,500
Sale price: $140,000

We had the privilege of assisting a local homeowner in Marion, AR by purchasing his property completely as-is, with no realtor fees or commissions involved. This home, located in a highly desirable, cookie-cutter neighborhood, required only light rehab — making it a perfect opportunity for our network of trusted buyers.

Understanding the homeowner's situation, our team went the extra mile by personally helping him pack and relocate to his next home, ensuring a smooth and stress-free transition. Once under contract, we successfully assigned this deal to one of our repeat buyers, who was thrilled with the property's potential. Another win-win solution, made possible by our commitment to delivering value with integrity and care.

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

A homeowner reached out to us after seeing one of our bandit signs. From initial contact to signing the contract, the process took about 30 days. He was an older gentleman looking to liquidate and downsize. Initially, he was seeking a higher price and even went quiet for about two weeks. However, he eventually reconnected with us, and we were able to reach a mutually agreeable price of $120,000. We were happy to assist him and successfully closed the deal.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $47,000
Cash invested: $7,000
Sale price: $85,000

This deal was sentimental as I grew up on this street and wholesaled a house across the road just 1.5 years ago. I found this property driving for dollars after leaving the barbershop 🤣 and noticed it was being trashed out. I contacted the owner, left a voicemail, and got a callback a week later. We agreed on $47K, closed in 10 days, and resold for $85K. Another higher offer came later, teaching us the value of having a dispositions specialist. A great deal and learning experience!

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

House was distressed

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

Driving for dollars cold the seller over the phone made an appointment to go see the house

How did you finance this deal?

Hard money lender

How did you add value to the deal?

purchased it deeply discounted

What was the outcome?

$28,000 profit

Lessons learned? Challenges?

always allow the market to tell you how much a home is worth instead of going with what you think a house is worth

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

yes

Investment Info:

Single-family residence wholesale investment.

Purchase price: $47,000
Cash invested: $7,000
Sale price: $85,000

This acquisition was especially sentimental to me because I have so many childhood memories on this street. I attended middle school here and spent many years growing up in the area. Just a year and a half ago, I wholesaled the house directly across the street from this property, making this deal even more meaningful.

I found this property while driving for dollars after leaving the local barbershop/garage shop 🤣. I noticed the house looked like it was being trashed out, so I immediately reached out to the owner. I couldn’t reach him at first, but I left a voicemail. A week later, the owner returned my call and expressed interest in selling. I met with him the next day and made an offer in the range of $40,000 to $50,000. We ultimately agreed on $47,000.

We closed the deal in just 10 days and resold the property for $85,000 shortly after. Interestingly, right after accepting that offer, another buyer reached out with an even higher bid. This taught us an important lesson: it might be time to bring on a dedicated dispositions specialist to ensure we maximize our spreads on every deal. Overall, this was a fantastic takedown deal and a great learning experience!

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

House was distressed

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

Driving for dollars cold the seller over the phone made an appointment to go see the house

How did you finance this deal?

Hard money lender

How did you add value to the deal?

purchased it deeply discounted

What was the outcome?

$28,000 profit

Lessons learned? Challenges?

always allow the market to tell you how much a home is worth instead of going with what you think a house is worth

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

yes

Investment Info:

Single-family residence wholesale investment.

Purchase price: $86,000
Sale price: $120,000

The wholesale deal for 4390 Annie Mae Cv, Millington, TN, greatly impacted all parties involved. The seller's family, burdened by a vacant and vandalized house, simply wanted to eliminate the mortgage. Discovered by "driving for dollars," the property had an ARV of $215,000 and a remaining loan balance of $86,000. The deal was assigned for $120,000, with the buyer making $5,000, resulting in a $38,000 profit. Coordination with out-of-state family members and affidavit of heirships enabled the cl

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

House was distressed

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

Cold called driving for dollars

How did you finance this deal?

Wholesaled the deal to cash buyer

How did you add value to the deal?

By being the contract holder

What was the outcome?

$33,000 dollar profit

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $60,000
Sale price: $70,000

We assigned our property interest to a cash buyer, stemming from a bandit sign lead. The property, previously on MLS without success, heightened the seller's motivation.

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

Great location of West Memphis AR

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

Lead was generate from a bandit sign deal was negotiated and contracted all over the phone

How did you finance this deal?

We assigned the deal a local investor

How did you add value to the deal?

property value

What was the outcome?

Closed transaction

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

yes

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $50,000
Cash invested: $33,000
Sale price: $133,000

"Join us for exceptional returns! Acquired duplex at 66% ARV, renovated for max potential. Leased to Section 8 tenants for $1,645/mo. Sold for $133,000, $27,000 profit. Seeking investors for 8-10% returns. Let's partner for success."

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

Originally contracted to wholesale this Dulpex all offers were coming in low so we took it down with hard money and fix and flipped it

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

Lead came in off a bandit sign

How did you finance this deal?

Hard money

How did you add value to the deal?

Full renovated it

What was the outcome?

sold for a $27,857.11

Lessons learned? Challenges?

insulate the crawl space to stop rising moisture

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

Yes we did

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $50,000
Cash invested: $33,000
Sale price: $133,000

"Experience exceptional investment returns with us! We acquired this duplex at a remarkable 66% of its after-repair value, investing in a full renovation to maximize its potential. Currently leased to Section 8 tenants, it generates a steady monthly gross income of $1,645. Our strategic approach resulted in a lucrative sale on the MLS for $133,000, yielding a handsome profit of $27,000. Now, we're seeking private investors interested in earning impressive returns of 8% to 10% on their capital. Let's discuss how we can partner for mutual success."

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

Originally contracted to wholesale this Dulpex all offers were coming in low so we took it down with hard money and fix and flipped it

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

Lead came in off a bandit sign

How did you finance this deal?

Hard money

How did you add value to the deal?

Full renovated it

What was the outcome?

sold for a $27,857.11

Lessons learned? Challenges?

insulate the crawl space to stop rising moisture

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

Yes we did

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $106,000
Cash invested: $6,000
Sale price: $106,000

Acquiring 3749 Ladue St in Memphis, TN was a strategic move in our real estate portfolio. Utilizing seller financing, we secured this promising single-family home for a purchase price of $106,000 with a $4,000 down payment. The property, located in a desirable rental pocket, boasted three bedrooms, one and a half bathrooms, and functional central heating and air conditioning systems.
Our financing arrangement spanned 30 years, resulting in a monthly payment of $990.58 covering principal, interes

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

CASH FLOW

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

Found the deal on Facebook negotiated through a realtor

How did you finance this deal?

Seller financing

How did you add value to the deal?

Buy buying it

What was the outcome?

positive cash flowing $359.42 tenant has been late every month at a $75.00 late so total cash flow has been $434.42

Lessons learned? Challenges?

our first exit strategy was to sell own a wrap around mortgage creating a second note and financing our desired equity position but to find the end buyer was a challenge so we decided to rent it out after 3 months of vacancy

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

yes