The DealMachine Real Estate Investing Podcast

364: Denied On The Mortgage—Now He Owns 130+ Properties

Episode Summary

After being removed from his own mortgage, Henry Washington built a 130+ property empire—this is how he and Jessica did it.

Episode Notes

Henry Washington couldn’t even be on the mortgage for his first home—his credit was so bad he had to be removed from the loan. But instead of giving up, he fixed his credit, got resourceful with funding (including borrowing from his wife’s 401k), and now owns 130+ rental properties and flips houses for $35k–$60k profit. In this episode, Henry and his wife Jessica share the full story of how they scaled, why they’re focused on paying off assets, and how they’re adding land splits, spec builds, and short-term rentals to the mix.

 

KEY TALKING POINTS:

0:00 - Intro

0:30 - Henry Washington’s Business

1:33 - The Story Of How They Got Started

7:38 - Fixing Your Personal Credit

10:42 - Getting Their Second Investment Property

13:55 - Why He Stopped At 100 Rentals

18:01 - Their Numbers With The Flips They’re Doing

21:05 - Working Together In The Business & Their Flip Designs

23:31 - Their Plots Of Land

26:01 - Posting On Social Media To Get Deals

27:38 - The Spec Home They’re Looking To Build & New Focuses For Their Business

30:45 - What They Want People To Learn From Their Story

34:09 - Incorporating AI Into Their Business

35:34 - You Can’t Time The Market

36:31 - What They Were Doing Before Real Estate

40:39 - Close Calls With Deals

45:56 - Where To Find Henry

46:21 - Outro

 

LINKS:

Instagram: Henry Washington

https://www.instagram.com/TheHenryWashington/

 

Website: Closing Table Mastermind

https://seeyouattheclosingtable.com/home

 

Instagram: David Lecko

https://www.instagram.com/dlecko

 

Website: DealMachine

https://www.dealmachine.com/pod

 

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

 

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/