DEAL # 2 & 3

Hi Everyone

Deal 2 was my first attempt to do a rehab flip. I bought the house for 32k using OPM, the house ARV was 125k. This house had a bunch of liens but the bank paid it off at time of closing (Thank goodness lol) I had to rehab this house with legal permits due to city had information of all ilegal violations. I started getting all the permits inorder to start the rehab project. Just when my contractor was about to start this project he got real sick and couldn't work. a few weeks passed by and still no contractor. I learned from the coaches in DG that we make our money on the purchase and not the sale, I sold the house as soon as the contractor told me that he will be out for a few months. One of my buyers took this house of my hands for 50k.

Deal 3 was a seller very motivated to sell his duplex. the arv was 95k and I bought this home for 20k. As soon as I had this home under contract I shared it with my buyers from all the bandit signs I have been putting and sold the house in less then 1 hour for 49k. Buyer was so serious that they put 40k into escrow

The more deals I do the higher my level of confidence rises.