Flipping Junkie Podcast with Danny Johnson

8: How a 19 Year Old Got Funding For His First Deals w/Kevin Ramirez


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Kevin Ramirez is from Venezuela living and is doing business in Raleigh, North Carolina.

 

He started in Real Estate at 19 years old with a flip, found a JV partner to fund the whole deal and after that fell in love with the business.  He currently focuses on rehabbing and wholesaling. Every deal he has done has been without his own money.

 

Currently 21 years old, still a one man operation, he is working on building systems to automate his business. With 19 deals to date in 2015 he is looking to close the year with 25. 

 

He doesn’t yet consider himself an expert and stays open to learning more and more every day.

 

What you will learn in this episode:

 

  • How Kevin Ramirez was able to get funding for his first deals even though he was 19 years and new to the business
  • Find out how his first flip made a total profit of $65,000
  • Where he found his money partners and how he got them on board with him
  • What key points need to be covered in a Joint Venture agreement when flipping
  •  

    Kevin’s first deal generated a total profit of about $65,000! Not bad for any deal, let alone a first rehab deal.

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    Flipping Junkie Podcast with Danny JohnsonBy Danny Johnson

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