TheBitCast

[881] I Lost $70K on One Deal. Here's Why I Didn't Quit

Podcast: 7 Figure Flipping · Bill Allen

Opublikowano: 2026-06-24

I made the rookie mistake and bought a deal outside my buy box. A $40,000 rehab turned into $85,000. The property sat on the market for 12 months! I dropped the price, refinanced it, turned it into a short-term rental, and eventually sold it three years later at a $70,000 loss. In this episode, I break down what a bad deal actually takes from you. We go over: - The $40,000 rehab that became $85,000, and the one thing I missed during due diligence that caused it - Why the $70,000 wasn't the number that kept...