Jackson Sudderth shows a $230,000 Lamborghini costs $4,500 a month, then explains how real estate wholesaling can cover it. Find distressed properties, contract them, and sell to flippers for the difference. He makes $10,000 to $20,000 per deal.
Chapters
This Lambo costs $230,000 and this is how much you need to make to be able to afford it. So I found the official Lamborghini payment calculator. If you put no money down, you'd be paying about $4,500 a month for this. You shouldn't spend more than 10 to $20,000 of your monthly income, so you need to be making anywhere from $20,000 to $40,000 a month, which is only completing two to three wholesale deals. And it's pretty easy to make 10 to $20,000 each deal. First, we find a property that's undervalued and distressed. Second, we put under contract and go find a real estate house flipper in our local area. Third, we get them to agree for a higher price and we profit the difference. I made 10,000 do thousand dollars yesterday doing this. I made a video breaking down everything you need to know to get started as well DME guide on Instagram and I'll send it to you for completely free.