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, thanks for the great success story! It is very inspiring and well worth reading. Your $7,500 profit is quite motivational, and the dedication you have is amazing! Keep on investing, moving forward and make us all proud of you and your investing experiences. Take care.