Ansar and Tiye El' Asar Wholesale Deal

 

Ansar and Tiye El' Asar Wholesale Deal

Jacksonville, FL

We received this property as a referral from a passive income club Coach we've been working with to acquire residential and smaller multifamily properties. He knew our buying criteria and referred us this property as part of a portfolio liquidation sale for one of the FB directors. We completed our due diligence within 24-48 hours and submitted our offer. About one week later, we were in contract with the intent to hold the property with a flexible COE date since seller was not in rush and was extremely accommodating, patience, and an overall ideal seller we love to work with! After additional due diligence we would need to double close the property. We funded the property in cash from a private lender at 0% interest for 24 hours for 100% of the purchase price + closing cost with no rehab money needed! We are very pleased with this transaction and the outcome despite a few kinks we encountered on our road to closing this transaction. We did a simultaneous double close on this rental deal with no money down and plus our EMD 100% refunded.

Wholesale Details


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