[3-Part Video Series] How I Made $22,500 Before We Sold…By Just Bringing Coffee

OK, here are the numbers:

• The ARV (after repair value) was $180,000

• The 70% Rule was $126,000

• The CORE (cost of repairs estimate) were $60,000

• My MAO (maximum allowed offer) was $66,000

I did sell it for $180,000...but I bought the house for $81,000...

This was $15,000 OVER my MAO.

Yes, OVER!

How could I do it you may ask???

I could do it because I had a sweet deal with my contractor...and I had an even sweeter deal going with my banker.

So here’s why I did it:

Here's how I did it:

Even better, with no money of my own, I got a bank loan for $107,000 and actually had the money in hand BEFORE we sold.

So I literally bought that coffee with the profit I had already made BEFORE I sold it!

Here's how you can do it too: