E125 Can You Really Flip Land Without Using Your Own Money?
16:36 Share

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-formIn E125 of the REI Hot Seat, Andrew Hines breaks down a recent Florida land flip where he and his partner bought and sold a property within minutes, earning $67K through a double close. Andrew shares lessons learned about handling inherited properties, minimizing risk through transactional funding, and scaling their off-market land flipping business—highlighting systems, cold calling, and his team’s growth. The episode reflects on their first profitable year and sets the stage for bigger plans ahead.Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.Andrew's linktree : https://linktr.ee/theandrewhinesREI Hot Seat Instagram: https://www.instagram.com/reihotseat/E125 Can You Really Flip Land Without Using Your Own Money?00:43 – The Wildest Flip: Bought & Sold in 20 02:03 – First Double Close Deal Explained 03:56 – Negotiating the Deal 06:32 – Due Diligence, Renegotiation, and Closing Delays 10:13 – Can You Really Flip Land with No Money Down? 12:49 – Partnering & Scaling Operations 14:22 – First-Year Profits & Proof of Concept 15:47 – Insider List Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.---Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.