In this video… taken on December 23, 2012… Josh and I shoot QUICK footage of our excitement at getting our FIRST real estate wholesaling transaction closed!
This deal took a LONG time to complete. We got the property under contract in September 2011… and had to extend the contract close date… because the house was located in the boonies (Mannford, Oklahoma) & we had difficulty finding buyers.
We got the property under contract for $20,000… and initially tried selling it at $36,000… and dropped down the asking price to $29,500 after several weeks of not selling it.
We got the seller lead off of bandit signs… and marketed the property using Craigslist & strategically placed bandit signs within the town of Mannford.
We got the Californian cash buyer for the house from Craigslist. He bought the house for his mother… and we agreed on a sales price of $26,500. We closed a couple days before Christmas. (nice Christmas gift for us!)
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-Daniel Wiafe a.k.a. the House Flipping Ninja
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