All our friends and relatives said it couldn't be done in this market!
After completing the basic course of Armando Montelongo's Flip and Grow Rich Program, my husband and I took out a loan on his mother’s house with her permission, and purchased our first property—an REO. We closed January 22nd, fixed it up, listed with a real estate agent on February 17th, and received a contract/offer on February 18th. It only took three weeks after closing on the property to make a profit of $36,000! My husband just lost his job, and he’s excited to have something this profitable to replace it! It’s like a miracle! Purchase price: $42,900, Fix up money: $16,000, Sold for: $94,900
Learning how to flip a house was easy! I am overwhelmed with how well we have done! We can’t wait to get into the next property! I want to thank everyone at the Armando Montelongo organization for all their help and Armando Montelongo for the inspiration and guidance. We are for this program 100%!
Sandra L.
After enrolling into the Armando Flip and Grow Rich Program in the fall, I was able to make a profit within three weeks! I partnered with another investor and we purchased a property for $95,000. The total expenses were $35,000, and we sold it for $150,000. Our profit was $20,000!!! Finding the investor was like completing the puzzle! Having my power team in place was the main factor in being able to complete this flip in such a short time period.
We bought our second property for $92,000 through a wholesaler who had done most of the work himself, put $18,000 into simple repairs, and we were able to resell it for $130,000 within three days! We primarily work with wholesale or REO properties. It’s all about making the numbers work—having the right spread on the property to ensure a decent profit. I would definitely recommend this program to people who want to be successful with rehabbing properties to secure their future in any economy!
I recently purchased a third property for $95K, took five days to complete the rehab, put $15K into repairs, it’s currently in escrow for $130K, so profited $20K on this venture!
Cory B.
We purchased an auction property for $86,625, put $40K into it, and sold it for $145,860. Our net profit was about $15K. Our goal is to put in 10 offers a week. We have been able to find investment sources to work with, and once we get our cash reserves built up, we will be flying
The Armando Flip and Grow Rich Program helped us understand how you can make this system work in any market. It solidified my beliefs to keep a positive attitude through everything. Lots of people are out there doing it and making money!
I have told others about the program, and have encouraged them to get involved! Our coach was fantastic! He helped us through our obstacles, gave us a lot of great ideas, and was very inspirational!
Nichole F.
We are back into real estate investing after being away from it for several years, and have already made $53K! We got into the program to make sure we were aware of all the fine points of rehabbing before re-entering the business. We purchased a property for $94,800.00 with a rehab loan, spent $20K on fix-up and repairs, and sold it in 7 days for $170K!
We learned how to keep the costs in line with our budget, and are working on our second deal that we purchased for $120K, expect to spend $50K, and it should sell for $230K (according to current comps), giving us a profit of $55K!
Now, we are looking for more financing because the deals are all around us! I would highly recommend the Armando Flip and Grow Training Program especially for someone who has not had any experience with rehabbing properties!
Judy C.
Just this month, I purchased an auction property for $105K, and it’s scheduled to close Monday, April 20, 2009 for $145K. I will make $40K with very little effort. All the resources I am entitled to through the Armando Flip and Grow Rich Program has made my life a lot easier! I’m excited about real estate investing, and I’m going after it!
Glenn M.
Working with Armando has allowed us to amass almost one million dollars in real estate investment properties.
His systems work well, and through his help and mentorship, we have gained the knowledge and confidence we needed in this business to succeed. We're on track to do ten real estate investments this year alone.
Meredith K.
We closed on an REO property six weeks ago, and are finishing the rehab this week, and might already have it sold. We purchased the property for $118K through a real estate agent who has been helping us find bank owned abandoned properties. We have built our power team around our agent, as she knows this business very well.
We purchased the first property through personal financing. However, with future deals, we have established relationships with several investors who will be financing the properties with their retirement accounts or family trusts, and we plan to pay them 10% interest on their money. We found these investors by networking with friends in our local community.
We gained a lot through Armando's Flip and Grow Rich Training Program—creative marketing strategies and the formulas to help present offers on properties. The classes were very complete, and we got most of our questions answered during each class. We liked overall how well the whole program worked.
Dale & Tim F.
I am 72 years old and wanted to secure my retirement years with good income. By using Armando's system, I have purchased 3 properties and have a profit of $45k. I also have 4 more deals under contract with $750k worth of projected profit. Now I have the security I wanted and I am having the most fun I've ever had.
Bob W.
Using Armando's system I have been able to purchase 10 properties in only 11 months. I typically work 8 hours a week and my real estate business is booming. His program is a MUST for anyone who wants to get into real estate!
Gerald W.
