Housing-News-Report-July-2017

HOUSINGNEWS REPORT

MY TAKE

HOME FLIPPING FINANCING TRENDS

TOTAL FINANCED PURCHASE DOLLAR VOLUME

PCT PURCHASED BY FLIPPER WITH FINANCING

$16,000,000,000

80.0%

$14,000,000,000

70.0%

$12,000,000,000

60.0%

$10,000,000,000

50.0%

$8,000,000,000

40.0%

$6,000,000,000

30.0%

$4,000,000,000

20.0%

$2,000,000,000

10.0%

$0

0.0%

When you are super successful and worth millions, it’s because you did the fundamentals every day that made you successful.”

JOSH CANTWELL Josh Cantwell has 15 years of experience as an active investor, private lender, passive investor, educator, author, nationally recognized speaker and fund manager. He bought his first real estate investment in 2001 at age 24 and has bought and sold more than 700 properties since 2003. He has funded more than 200 properties for clients, students and friends since 2015.

financial services business, jumping into real estate when I had only done one deal. It wasn’t the reverse. So don’t think for a second, “oh he is successful because he is whoever he is; he is successful because he did something that made the difference in his life.” When you are super successful and worth millions, it’s because you did the fundamentals every day that

made you successful. And then one day you are going to wake up and all of a sudden, you are an overnight success that was 5 or 10 years in the making. Don’t put the cart before the horse and say, “oh you know because he is who he is, it’s easy.” You are doing yourself a disservice if you think that way.

Be daring.

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JULY 2017 | ATTOM DATA SOLUTIONS

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