Aug 28 in General
Six Figure First JV deal with Alex
I want to extend my sincere gratitude to Alex for his guidance in getting this long deal to the finish line. Initially, it was only going to be a 20K assignment fee. Alex advised me to renegotiate, and we took over the property subject to and turned it into a six-figure profit. The deal was an absentee owner/probate lead in Nevada, with the owner based in California. We helped them navigate their situation payed for all attorney fees and miscellaneous expenses throughout the entire transaction after a few weeks our attorney was able to get the judge to sign off on the probate, few days later we purchased the property via subject to “Alex funded”
we then were planing to list it on market however prior to listing it we found a buyer, and today, August 27th, 2024 we closed with this buyer.
it is amazing how from that initial 20K assignment fee, we made it into a significant profit.
This is my first deal. I want everyone to know that the Wholesale Startup Club is a fantastic resource for all wholesalers, from beginners to experienced wholesalers. If you’re struggling with a deal, reach out to Alex or to me, and we’ll help you get it to the finish line.
9
8 comments
Six Figure First JV deal with Alex
skool.com/wholesaling-startup-club-4232
Learn how to wholesale real estate locally or virtually.
Leaderboard (30-day)
1
+1
2
+1
powered by