At 18 years old I was motivated and anxious to buy my first house flip. I didn't know where the money will come and how I will do it but I knew I WANTED it.
At 12 years old I was flipping electronics, then at 15 years old moved to flipping cars and at 18 years old I began flipping houses. I bought my first house in cash at the foreclosure auctions for $105,000 with investors money (not mine). I put my entire life savings as collateral ($20,000) for the investor to show that I was confident in the flipping business. If any money was going to be lost, it was mine. That was how I pitched the deal to every investor until I got one to agree.
Things where scary, I had no experience or knowledge nor someone to guide or help me. Nobody in my family was ever involved in real estate and I was forced to outsource anyone and anything I can to get the knowledge.
As you watch the video you'll see me share with you how the process was, how much money I made flipping my first house and what you can do to get started as well.
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DISCLAIMER: I am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Karam MAY have an ownership interest in them
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DO NOT make buying or selling decisions based on Karam’s videos. If you need ANY professional advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Karam Khalil. Any use of other media is by fair-use only.This is not an advertisement of property for sale and any mention of properties listed for sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.
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