The secrets of how to "Flip it Now"
Armando Montelongo is the star of A&E's hit show Flip This House. Starting with nothing, Armando turned himself into a flipping machine, inspiring millions with his rags-to-riches story. In less than 5 years he became America's largest residential real estate investor. Armando unlocks the vault to his business secrets through his program Flip it Now.
Armando will teach you:
- How to create your own flipping machine using his simple system
- How to flip in any market - hot, cold or flat.
- How to find, fund, fix and flip properties from the comfort of your own home
- How to flip properties across the nation using only your computer
- How to find more deals and money than you will ever need
Flip This House
Armando Montelongos flipping tips part 1
Armando Montelongos flipping tips part 2
Where I came from:
The truth is that we all have access to the money for such deals and the availability to get great deals, no matter what market you live in! All you need is someone to teach you how to get the money and where to find the deals.In fact, your start in flipping can be much easier than mine. After all, you get the advantage of learning from my mistakes. Once you read below, you will understand when I say, "If I can Flip it Now, then so can you! "
Medical Challenges
In fact, I was told on the same day by my son's doctor as well as my wife's doctor that they would most likely die in the next 48 hours.
After life saving emergency surgery and 24 hr medical care, I am thrilled to say that my wife and son both are happy and healthy today. However, during the time that they were in the hospital, I was not working and I had no savings.
A month after they were released, the lender decided to foreclose on our home. In fact, I had borrowed $4,000 towards the down payment from my father-n-law. I lost that money as well.
There are few things more humiliating for a husband and father than not to be able to provide for his family.
We had nowhere to go, so we moved into my in-laws garage. I had no money, no job and I soon found myself sneaking into the grocery store late at night to purchase my son baby food with food stamps.
I was sick of my situation and decided to move my family to San Antonio, Texas.
I negotiated two months free rent on an apartment and borrowed $1,000 in order to move my family across the country.
I literally rolled into town on my last tank of gas. The next day my wife Veronica sold our furniture for food.
After all of those medical bills and a foreclosure on my record, my credit score was a 501. I knew I was going to have to figure a way to make money without having any credit.
When I got to San Antonio, I was $50,000 in debt and I had no money. My next challenge was that I needed to make money and I had two months to do it. After all, my rent was due in two months and I didn't have a dime to my name. I was going to have to learn to make money without using my own money.
Bad Economy
After some quick research, I discovered real estate is the one business that you don't need:
* credit
* money
* experience
All I needed was a mentor. Unfortunately, I did not have one, so I went through the very expensive school of hard knocks.
My Success = Your Success
After figuring out the secrets to flipping, I decided to perfect them.You have the one advantage that I did not have - you have a mentor! I went from $50,000 in debt to flipping over 300 properties a year. You never have to enroll in the very expensive school of hard knocks, you can consider me your mentor.
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