Cash in the bank baby!!

I'm going to cut and paste my forum post here:

Man, I've been working hard at this for a while now, finally, I can join the ranks of those of you with those 1st success stories behind you!

Okay, Without going into too much detail. This was a wholesale deal I found on the MLS.

Comps: $89k (conservative)
Repair: $6600 (the house smelled REALLY BAD and had some masonite damage that one investor really loves to work with which i think discouraged a lot of people)

1st Offer: $29.9k
Counter: $35k
2nd Offer: $31.9k - Accepted!

Already assigned the contract to an investor for $44k

Payday: $12.1k !

I didnt do a double close on this, and I was really worried that the investor would look at my assignment fee and be like, Heck no! But he is really cool, he's a guy that took me under his wing a few months ago.. he said as long as he know's he can make money from the deal he doesnt care what my payday is, and to go find him some more houses to buy! So he was really cool about it.

I've submitted about 20 SOLID offers, I've got 1 accepted and 3 more counters i'm battling out. Not to mention, i've visited several properties this week i'm going to be submitting offers on.

Yes, this is the first.. but I know it won't be the last.