Lynette and Brian,
It is amazing what can be done when you have some incredible mentors that motivate you, educate you and are there when you need them. Thank you, Brian and Lynette, for being so approachable and reachable! It is amazing what happens when you just take action!
We found this home just before foreclosure and purchased it subject-to for $1,500. The current loan balance is $88,590 with an ARV of $135,000. We were needing some cash so we were able to wholesale this deal to another investor within five days.
We received a check from the investor/buyer for $19,760. This was to bring the loan current and pay $1,800 for some new carpet. The remaining $7,500 went into our pockets (well, our 4 children’s pockets).
Not bad for three or four hours of work.
Thank you!
Kyle & Camille Davis
Dynamic Living Solutions, LLC
Nice deal! Keep it up!
Hello Kyle & Camille,
Congratulations and good job on the deal! I am proud of you and your efforts. Glad to read that you made some good money and are becoming a successful real estate investor. I am new to Planet Ron, and am working on my first deal. One day I too will be able to post a success story like yours. Take care, keep up the good work, and keep on investing.
Bye for now,
Robert
Hello again Kyle & Camille,
Congratulations and good job on the real estate deal! I am proud of you and your efforts. Glad to read that you made some good investing decisions and are becoming successful real estate investors. I am new to Planet Ron, and am still working on my first deal. One day I too will be able to post a success story like yours. Take care, keep up the good work, and keep on investing.
Bye for now,
Robert
Oh by the way Kyle & Camille,
How many other deals have you done since this one? It would be interesting to find out what other deals you have so we can all learn from you experience and perhaps use that knowledge to help ourselves make us successful. Thank you and take care.