Peter Falcon
👤 SpeakerAppearances Over Time
Podcast Appearances
You keep the $20,000.
And you really only own that house for a fraction of a second because really technically you sold the house before you even owned it.
However –
it's within the same day so it's irrelevant on what the sequence of the events is because they're actually going to file the they'll actually file the the deed transferring from the true owner to you and from you to the the the event investor
He'll get the house, he'll renovate it, he'll sell it for $190,000 after you put $30,000 or $40,000 in, and that's it.
So it's a concept that's done all the time.
It just takes a lot of legwork.
But when they hit, you make a nice chunk.
You're basically starving, starving, starving, starving.
Boom, it hits.
I got $40,000.
That's right.
Starving, starving, boom.
I got another $25,000.
Boom.
And if you do it constantly...
Some of these guys are making $40,000, $50,000 a month.
It's like you don't sleep, man.
No, you're working 80 hours a week.
You're taking phone calls all the day.