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The Deal That Wouldn’t Close… Until It Finally Did
Dated: February 27 2026
Views: 53
⭐ 1714 Bolling Ave: A Deal Full of Twists, Turns, and Lessons
Real estate investing is rarely predictable — and 1714 Bolling Ave is a perfect example.
My investor client Nate initially purchased the property with plans for a quick flip to another investor. The idea was simple: clear the property, clean it up, and resell it to someone looking to complete a full renovation.
Early interest came in, including a low offer and a letter of intent, but neither met expectations. The property was pulled off the market and Nate decided to complete the renovation himself.
After improvements were finished, the home returned to the market and quickly went under contract — only for the buyer to unexpectedly walk away. The property was back on the market again.
A few months later, an exciting offer arrived and the home went under contract with a 30-day closing timeline. But delays began to mount. Days turned into weeks, weeks into months, and the buyer — a corporate purchaser — eventually approached the seller directly requesting a price reduction to proceed.
This situation highlighted a common investor risk: wholesale buyers sometimes place properties under contract while searching for an end buyer, creating uncertainty and prolonged delays. After extensive communication and negotiation, we were able to terminate the contract and move forward.
By this point, the home had accumulated over five months on market, experienced price reductions, and faced the perception challenges that often come with extended listing exposure.
Fortunately, persistence paid off. A final investor stepped forward with an offer that ultimately brought the transaction across the finish line, though at a lower price than originally anticipated.
Every transaction offers lessons, and this one reinforced the importance of protective contract terms — particularly kick-out clauses — when working with corporate or wholesale buyers.
Real estate is a learning process for both investors and agents, and experiences like this help ensure stronger strategies and better outcomes in future deals.
David Hittle, Real Estate Specialist
DBA Shop Kentucky Homes, LLC
United Real Estate Louisville
502-489-1135
www.shopkentuckyhomes.com
David Hittle
David Hittle is a licensed real estate agent with United Real Estate Louisville, serving buyers and sellers throughout Louisville, Kentucky and surrounding counties. Specializing in residential real e....
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than United Real Estate Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to
REALTOR® Association of Southern Kentucky All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
Heart of Kentucky Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
