Post image for Marcy House Case Study #8 – We’ve Got a Deal

Marcy House Case Study #8 – We’ve Got a Deal

by Brandon · 7 comments

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Just a super short update this fine Sunday morning on the Marcy house… We got an offer and are now in escrow!


In my experience, about 50% of deals fall apart – so I don’t want to get to excited yet… but it sure feels great! I can’t talk too much about the specifics yet, but we are hoping to close before the end of the year which will be great for tax purposes!

That’s it. Shortest post I’ve written yet (as opposed to the 3500+ word behemoth from last week on Offensive Marketing!)

If you want to read more about the Marcy House flip, check out the history below!

The Marcy House Case Study

Read part one of the Marcy House Case Study: Finding the Property

Read part two of the Marcy House Case Study: “Before Pictures” and the Inspection

Read part three of the Marcy House Case Study: No Money Down Investing

Read part four of the Marcy House Case Study: Closing and Demo Day

Read part five of the Marcy House Case Study: Managing a Rehab in Nice Clothes

Read part six of the Marcy House Case Study: The “After” Photos (the Reveal)

Read part seven of the Marcy House Case Study: My Five Part Offensive Marketing Strategy


(oh, by the way, the picture above and the few below are of the backyard. I didn’t get a photo with the last set but the rain finally stopped so I could get some shots. Have a great Sunday!)

About Brandon

has written 199 Awesome posts in this blog.

Brandon Turner (G+) is the Senior Editor and Community Director and owner of He is also an Active Real Estate Investor (Flips, Apartments, and Buy-and-Hold), Entrepreneur, World Traveler, Third-Person Speaker, and Husband. Come hang out with him on Twitter!

P.S. looking for hard money loans in California? Be sure to check out my friends over at They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.

P.S. Looking for more real estate investing knowledge? If you are interested in a top-notch course to help you understand the nuts and bolts of creative real estate investing, I would like to recommend Ben Leybovich's Cash Flow Freedom University. Ben is a close friend and has been my trusted adviser for years. He's a smart guy and CFFU is pretty awesome. The course is waitlisted, but while you wait for an opening Ben will send you tons of FREE content. Seriously. Click here to check it out.

(yes, that's an affiliate link!)

{ 7 comments… read them below or add one }

Elizabeth November 11, 2012 at 7:37 pm

Congrats!!! I knew someone would love it 😀
So do you think your new offensive marketing strategies played a role, or did you even have a chance to go there before getting an offer so quick? 🙂


Brandon November 12, 2012 at 4:26 pm

Thanks Elizabeth! I think it did play a role- but in a sorta different way. The buyer knew about the house because of my Realtor but went online to see pictures. So I don’t think the Facebook thing did much this time around because of how fast this went. I’m pumped! Now let’s just hope it goes through!


Sean November 11, 2012 at 7:39 pm

Hey, that was quick! I loved last weeks article so please let us know which of the marketing plan worked or didn’t work. I know we all seemed to interested to find out if the “Upgrade” marketing worked, did they ask for upgrades or try to bid low like we usually see. Anyways glad to hear its in escrow and can’t wait to hear it sold I have for one loved this whole set of posts great work!


Brandon November 12, 2012 at 4:28 pm

That was super quick! It will be a personal record if it goes through! I think the website helped, as the buyer was able to go online and look at pictures, but it happened so fast I don’t think my other strategies had time to work yet 🙂

Thanks Sean!


Danny Johnson November 11, 2012 at 11:38 pm


Speaking of closings not happening. I know someone that has had several cases recently of cash buyers putting a house of his under contract (rehabbed house) only to back out the day of closing. This happened more than once – different houses. It would have been hard for me to stay positive after that.


Brandon November 12, 2012 at 4:29 pm

Ooh that’s rough. I’m always afraid of that happening! I kinda always assume it’s going to fall through until I hear the words “It recorded” from the Title company. It’s a stressful job sometimes – this flipping business!


Don November 22, 2013 at 11:34 pm

Looks like a really good property you found. Great site I’ll have to bookmark it. Thanks for all the great info!


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