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A $34,000 Real Estate Deal ! Cha-Ching!

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Uploaded by on Nov 13, 2007

On 8-31-07 I closed ANOTHER monster of a deal. This $34,000 payday came courtesy of a wholesell deal in Baltimore. The sky is the limit when it comes to how much profit you can make in real estate investing.

P.S. I closed a $38,300 wholesell deal exactly one month ago. As you can tell, I'm enjoying myself.

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Uploader Comments (realstarproperties)

  • Um.. if you just got back from DEPOSITING a check at the bank, how do you still have what looks like an ORIGINAL check?

  • This is color photocopy of the check. I photo copy all checks, HUDs, contracts and etc.

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  • It's 2010: How is the business going this year?

  • shoow me da money !!!!! not the check... the actual money, let me see it...

  • How do you structure deals to make that much profit?

  • Quite a large paycheck. Did the buyer know how much you made? Was it an assignment fee or double closing? Motivated seller, wholesale, pre-foreclosure, bankruptcy, etc?

    Personally, I would have tried to make the buyer a bit more money by decreasing my paycheck to around $20k. The more the buyer makes, the more he'll want to buy your deals in the future. You're in business as a wholesaler to solve the home owner's problem and connect an investor buyer with a great deal.

    Anyhow, good job!

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