OfflineI was actually surprised my partner didn't make a post about this! Haha, it's been 2 days since we FINALLY closed on our first deal!
Just a note that I don't remember the numbers EXACTLY, but she does so she will probably post them below 
I will use rough estimates for ARV and Repair costs.
Anyways, my partner investorinmissouri found the property down in Kansas City, and the owner was asking about 13k if I remember correctly. It needed about 10k repairs and was worth about 30k ARV.
We ended up offering 4k, that got accepted pretty fast so we ended up buying it with cash in full. We put it on the market for 12k and found a buyer in 10 days. The only problem was that the buyer we found wanted to borrow against her 401k to purchase the property.
We were okay with it, but our buyer failed to get the money for a deposit on time so we listed it with a Realtor for 15k. After a week or two we got a low offer on the property but we ended up having a counter-offer war on it a few times around and finally settled on 10.5k.
The only thing that could have made this deal better was if we avoided using a Realtor to sell it. They ended up taking 3k of our profits. They had some deal that their fee was 1500 per side or 3%, whichever was larger. And of course 3% of 10.5k would have been a much better deal for us haha.
Long story short we profited about 2300 after its all said and done! Plus the initial investment 
We bought it Oct 22 and sold it Nov 22. GOOD DEAL! 
We also have a wholesale deal in the works currently, we got half of our fee so far but they wont give us the other half until closing!
I also just wanted to say thanks to my partners couldn't have posted this without you
Dominic
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Alrighty, so here is the latest update so far.
We had 5 under contract we pulled one . That makes 4
1 of those we had a counter offer and we submitted an addendum to the offer contract that was sent over. Needless to say, they pulled out.
another one well it is like the seller from * the big bad ugly fiery place* I do not understand there reasoning. Had two buyers. Offered to pay off what they owe on the home and make payments for the rest of what they wanted. Guess what, they wouldn't take it.
the other two well I am still in limbo at this point. Had a buyer lined up for one and requested a POF. Got a call the next day and they backed out. WOW maybe i just got the bad buyer fairy or somthing LOL LOL
I will keep on trying though, we shall see what happens before xmas:) Hopefully two signed purchase contracts:)
When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.
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