New Featured Real Estate Investor

2/7/2015

Congratulations to Taryn McKennie of ArCHI Acquisitions, one of our new Renatus featured investors. She recently closed on a deal and is working on 2 shortsales, 1 wholesale transaction, and acquiring a 3 unit that she intends to rehab and turn into a buy and hold. Check Out Taryn's Two Most Recent Deals:

Deal #1
Got the property under contract for a $1.
Contract Price: $26,900
Wholesale Price: $36,900
Profit: $6,137

Deal #2
Got the property under contract subject to existing mortgage with $0 upfront.
Expects to wholesale the property and make $5K.

Deal #3 - Short Sale
Homeowner Owes: $120K
Offer in at: $17K
Repairs: $40K
ARV: $136K
Expects to wholesale the property and make $10K

Deal #4 - Short Sale
Homeowner Owes: $171K
Offer in at: $43K
Repairs: $60K
ARV: $180K
Expects to fix and flip the property

Deal #5 - 3 Unit in Foreclosure
Has an offer in at $70K and expects to make a $10K wholesale fee.

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