Today's Deal Breakdown is about a deal we recently worked on. We found a wholesaler who was having trouble selling a property, so we offered to help.
They said yes!
We took it to our group of investors, and one liked it enough to buy.
We locked it in at $637k and sold it to the investor for $647k.
The property is worth $975k after it's fixed up.
Everyone wins – the wholesaler made $100k!
It only took me 4 hours to find the buyer and made an easy $10k.If you're an agent, go talk to wholesalers and see what properties they have.
Find a buyer and work out a deal to get your commission baked in and have the investor agree to the resale price.