Finalized my first deal of 2015 on Saturday 1/3/15.
Sandwich L/O
Inbound
$7,200 option fee
$100 sec dep
$200 pet fee
$1,100/mo rent
$119,900 option price
Outbound
$100 option fee
$100 sec dep
$876/mo rent
$92,500 option price
Therefore, I netted $7,300 positive cash on Saturday
and I will net $224 per month up to 60 months and then I will get $27,400 at a future closing.
I only had this property for less than 30 days and was L/O in 3 days after the owner moved out. $0 money spent on improvements. This one worked out perfectly and I can only hope that 2015 doubles our 2014 results.
I do not believe in the no win scenario
www.tetrahomes.com <<< Main website
www.birddogprogram.com <<< Birddog program
www.9plusprime.com <<< Private mortgage website
www.turnkey.property <<< Turnkey property website
Great way to start off the year!! I love lease options, a great strategy to get paid 3 ways. wish you much success in 2015
Reynold Orozco
way to go! congrats! awesome way to make a deal happen!
Tony
Go faster do more! GFDM!
Yay! I love starting off the year great. Me too! I hope to close escrow on the first wholesale deal of the year this month. My goals are to wholesale one deal a month this whole year and starting off this way makes me feel so excited that my goal is highly attainable.
Way to start 2015
can I borrow $100?
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
Yeehaw!!! That is wonderful
"Don't tell me I can't, Tell me how I can."
On to the next one!
Michael
Knowledge is power, but execution trumps knowledge. Tony Robbins
http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site
Well done.
"You can never get to the top, if you are not willing to climb. Do not look at the difficulty of the climb, only anticipate the view from the top."
"Can't even walk without you holding my hand." (Song)
"Is anything too hard for the Lord ..." Genesis 19:14
"In all things, wait on the Lord."
"Think not of your own deliverance, but trust in God who will give in abundance."
"When you are down to nothing, God is up to something." Unknown
"Our lives begin to end, the day we become silent about those things that really matters." Dr. Martin Luther King Jr.
Congrats!!
the freakin' New Year. Gotta love LO's!
To get something you've NEVER HAD
DO something you've NEVER DONE.
Sweet!
NEVER GIVE UP
Great job, Now go find another one
"Don't tell me I can't, Tell me how I can."