[876] How He Raised $100K in 24 Hours for His Next House Flip

Joseph Adams Jr. is a Marine Corps veteran who used to grind 10-hour shifts at Microsoft.Today -- after quitting the IT corporate world -- he's a full-time house flipper in Jacksonville, Florida, with six rehabs behind him, his biggest purchase yet under contract, and a $100K private money raise that closed in under 24 hours off a single text!In this episode, Joseph sits down with Adam Whitney to break down how he went from "I don't know anyone with money" to having lenders text back "how soon do you need it?" — all while building a business his own mom is now investing alongside.He covers:The very first deal that funded everything after it — a $10K family property he resold for $60K (and how he wholesaled it without realizing that's what he was doing)The two-contractor disaster that cost him $30K and four months on his second flip — and the exact moment he should have fired the first guy three weeks earlierAdam's "115% rule" for raising capital that most new flippers get wrong — and why it's the difference between $100K in the account on Monday and $15 on TuesdayThe mindset shift from doing tasks that save money to doing tasks that make money — and the hands-on jobs Joseph had to stop doing himself to actually growHis goal-reset moment: going from "20 deals this year" to "20 deals this summer" — and the three conversations he's having right now to make it happenHow to turn cash flow problems upside down.... and more!What changed for him was getting handed a real playbook for raising capital, plus walking into a room of operators who actually answer the phone when a deal needs a second set of eyes.That room is called 7F Runway. An action-oriented mastermind built for early-stage flippers who are tired of duct-taping deals together one at a time and ready to build a business that pays them consistently.See if it's a fit for where you are: https://www.7figureflipping.com/runwayIf you want to connect with Joseph, reach out to him on Facebook or click this link for Joseph's CalendlyLINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0  7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://www.7figureflipping.com/runway Connect with us on Facebook and Instagram: @7figureflipping Hosted on Acast. See acast.com/privacy for more information.