Case study: How we cash flow $650 a month with none of our own money 💵
Hey Income Flippers,
The truth is, we all learn through case studies.
So, I'm going to share with you a detailed case study of a real deal we did this year.
Example: This year we purchased a property that cash flows $650 a month with none of our own money.
The exact property in Warren County, VA
Here are some details:
Source: Pre-foreclosure
Technique: Subject-to
Source of Money: Private lender
Equity: 30% on day 1.
Location: Warren County
When: Purchased in 2023
Situation: The property was going into foreclosure.
How: They responded to a letter we sent. We purchased the property in AS IS condition, subject to the existing financing.
1st - $124,575 @ 3.625% matures in 2052
2nd - differed $108,600 @ 0.00% due at loan maturity in 2052
$842.19 monthly PITI (only applies to 1st)
Cost to reinstate the loan: 24K
Source of funds: We borrowed the funds to reinstate the loan and we paid ourselves an assignment fee.
Payments: The total payment for all loans combined is $1,200 a month.
Strategy: We rent the property for $1,850 a month.
Asset Value: The property's current value is 325K
Bonus 🔥: Each time a payment is made $400 goes towards the principal.
If you want to learn how to do this, the Income Flip Masterclass is you.
Starting in 21 days, we will teach you exactly how we did this.
This course was created to help you build a portfolio of properties so you can secure your financial future.
You will learn:
1) How to find deals.
*****And share exact case studies of deals we've completed like the one above.
2) How we analyze deals quickly to fix and flip and buy and hold.
****We will give you our spreadsheets.
3) How to write the contract to protect yourself and ensure you win the deal!
*****We give you our real estate contracts to model.
4) How to set up your investment business to minimize your liability and maximize your tax advantages.
****We will give you access to our network to help you do the same.
5) What technology and tools we use to systemize our business.
*****We have negotiated deals on our tech tools and you will get access to these savings.
6) How to structure partnerships so you can create people and money leverage.
****Partnerships are a way to build wealth when you don't have your own cash to invest.
Plus, so much more!!!
In addition, you will get access to ask us as many questions as you like during the 8 weeks.
The purpose is to immerse you into the game of real estate investing so you can supercharge your wealth and create financial independence.
Is it easy....hell no.
Is it worth it...hell yes!!!
Let me ask you...what price would you pay to gain financial freedom?
100k?
50k?
10k?
Coaches charge this all the time...
But we have practically made the Income Flip Master class FREE!!
For less than 1K, you will get access to exactly what we do and if that isn't enough, we have created an additional incentive that makes 100% FREE.
If within 12 months you refer us to a buyer, seller, or investment deal that we end up transacting a deal with, we will credit you 100% of the full cost of the course.
You see—the 1k is only there to get you to put some skin in the game so that you get into ACTION!
What we really want to do is to make money with you by doing deals. 💵
We are deal makers who actively invest in real estate.
That is why we have made it so affordable.
So, what are you waiting for?
Join the Income Flip Movement today and win back your freedom.
Let's start doing deals together!!!
Keep Moving Forward.
Rob
