In the world of real estate, no deal is guaranteed to go smoothly from start to finish. This week, we closed on a transaction that came close to falling apart, but persistence and adaptability made all the difference. The investor we worked with purchased a property for $84,000 and sold it for $190,000—a great deal, but it almost didn’t happen.
The challenge arose when the original title company began creating unnecessary roadblocks. It seemed like the deal might collapse because they weren't cooperating. But instead of giving up, we decided to switch title companies, which made all the difference. This move saved the deal, and the investor walked away with a substantial profit.
The lesson here? Never give up on your deal. If one title company presents obstacles, don't hesitate to explore other options. In many cases, a solution is within reach—you just need to be persistent and find the right partners who are willing to work with you.
Persistence is key in real estate investing. Every obstacle can be an opportunity to adapt, learn, and ultimately close the deal.
Thank you,
Dan Caradonna