First deal I have done in finding the property through a wholesaler. The wholesaler's comments on my negotiation posted on Facebook: "This property was a bit of a challenge but Elissa stuck to her guns, she negotiated like a killer on the asking. In my career as a wholesaler, I have not seen such a drop in original asking to what it sold for but this one was aligned to be sold to this investor and wow what an amazing job she did. Investors, I am now on the lending side of the table and I can’t explain how important it is for you to do your own due diligence and make sure you are buying correctly every single time. Do not feel pressured to buy at the wrong asking price in fear of “missing out”. There is always another one, yes it may take time but don’t lose hope!" My hard money lender ARV appraisal came in at $315K. I negotiated and closed at 370K
How did the FortuneBuilders team and resources help you to accomplish this deal?
I listed this deal at the height of COVID-19 on March 20th. I had the property under contract in 11 days and closed within 31 days. Lender-approval was tightening for the buyers, so I got involved with the lender as well. Two appraisals later and being told more than likely we would not close, we closed! FB's systems, processes, and leadership gave me the knowledge and confidence to navigate through potential pitfalls during one of the most uncertain and scary times during the midst of COVID-19.