Jul 31 (edited) • General discussion
Got my first deal
Day 3 update. got my first deal today and sold it. it is a "Land Contract". The buyer will get 800 cash flow a month downpayment 8k, 5k assignent, 4k in closing. All in they are 17k in on a 78k property and their return on investment is 57%. Its important to show them the return on investment. most want to be around 18-20%. you get them 57% might create a bidding war. Let's go
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Got my first deal
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