How I flip Houses With No Money Down At Age 22

[Sean Gribbons]

Hey BP people, 

I thought I'd share my story of how I got started flipping homes using zero of my own money and I'm only 22 years old. I started out in the real estate business at the early age of 16. I started working as an intern for a real estate brokerage. After being exposed to the business I quickly got my license at 19 and I was off. My first listing was really where it all started. I had an amazing half built home right on top of Lookout Mountain. The views of Denver and the front range were phenomenal to say the least. This is drew the attention of alot of investors. One investor stood out to me. They liked the house at first but then quickly realized it was way to expensive to make any sort of money. After the listing fell through and foreclosed on my client I began searching for fix and flips. After looking through around 100 deals we found an off market deal through another agent in my office. I approached the investors I had written some offers for. I told them I wanted to learn how to flip houses. My incentive to them was I was a licensed agent had the off market deal and would do both sides of the buying and selling without taking a dime. I was more interested in the profits. So we structured a deal and closed on the property. 

I was there every single day and talk about a serious mess. First contractor shows up demos half of the property and takes off for the next 3 weeks. After firing our first contractor we decided we would sub everything out....An even bigger mess! Yet after 6 months of work we were ready to hit the market. 

After 2 weeks and 30 showings we sold and made a very small profit. Now I'm expected to do 5-10 this year alone. I'm 22 and do this with none of my own money. 

For those getting in this business its really about who you know. Go find and meet the people you want to be around. Our latest deal is expected to make 10X what our first one did I have friends just graduating college and I'm buying and selling millions of dollars in real estate! 

Hope someone can find some inspiration in this post, If I can do it and repeat the process why can't you?