Cole Hatter
๐ค SpeakerAppearances Over Time
Podcast Appearances
You could do 100% financing.
You would have to put 0% down.
Wow.
And those products don't exist anymore because we learned our lesson.
No, absolutely not.
I'm doing, well, so quick flips, yes.
Instead of buying and holding, hoping that it goes up, we're buying and repairing.
So I'm buying properties that are undervalued, distressed, using a combination of my own money, private money, or hard money.
We can talk about what all that is if you're interested.
Fixing a property up to increase the value and turning around and selling it inside three to five months.
And we found that to be much more efficient because it no longer banks on appreciation.
And regardless of what's happening economically or in the real estate climate, even if we're in a collapse like 2008, 9 and 10, I'm in and out of that project so quickly.
I don't take those long term losses.
And because I'm buying a property that's literally dilapidated, mold infested, disgusting and making it gorgeous, I'm forcing value into that home.
And so that that works, whether real estate is going up, down, left, right or any direction.
And so that's that's a big focus of ours.
And then, like you said, buying and holding as well, because flipping houses is cool.
But, you know, buying and holding is is how you create long term passive income and wealth.
And so in my real estate business, it's a combination of both.
So right up to date over the last seven years, how many places have you fixed and flipped?