A fire-damaged multifamily, wholesaled in 21 days.
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Deal of the Week |
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A real deal · Fresno, CA He made $210,000 off this burned building.This is the story of Evan Rocha's biggest deal ever. Locking it up fast turned out to be the easy part. What kept it alive when everything went wrong is the real lesson. |
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The numbers
Purchase $500,000 |
ARV $1,400,000 |
Rehab $400,000 |
Exit Wholesale |
Assignment fee $210,000 |
Lead → Close 21 days |
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Evan had a seller who lived out of town and was only in Fresno for the day. Luckily, his team responded within 60 seconds of getting the lead, booked an appointment, and locked the property under contract. Then escrow got messy. First, a mortgage payoff issue changed the economics. Then the buyer's lender flat out refused to fund Evan's $210,000 assignment fee. Most wholesalers watch the deal die right there. Evan saved it with one honest conversation, and exactly what he said to the buyer, and why the buyer still moved forward, is in the full breakdown. |
"Be transparent with your buyers. If the numbers work for them, then they shouldn't have a problem with your fee." — Evan Rocha, Real estate investor · Fresno, CA |
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Real numbers. Real lessons. Takes 3 minutes to read. |
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Run deals like this Fast responses are only the beginning. The same REsimpli workspace that got Evan's team to the seller in 60 seconds also kept every contract, document, conversation, and signature organized through two major setbacks, until the wire finally hit. If you're building a business that depends on speed, follow-up, and execution, that's exactly what REsimpli was built for.
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You're getting this because you signed up for REsimpli's investor newsletter. We send one real deal a week. No fluff. Unsubscribe · REsimpli · 8410 Kennedy Avenue, Highland, IN 46322 |
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