Episode
[876] How He Raised $100K in 24 Hours for His Next House Flip
- Podcast
- 7 Figure Flipping
- Published
- May 13, 2026
- Duration seconds
- 1917
- Processing state
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- https://shows.acast.com/7figureflipping/episodes/876-how-he-raised-100k-in-24-hours-for-his-next-house-flip
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Summary
Joseph Adams Jr. is a Marine Corps veteran who used to grind 10-hour shifts at Microsoft. Today -- after quitting the IT corporate world -- he's a full-time house flipper in Jacksonville, Florida, with six rehabs behind him, his biggest purchase yet under contract, and a $100K private money raise that closed in under 24 hours off a single text! In this episode, Joseph sits down with Adam Whitney to break down how he went from "I don't know anyone with money" to having lenders text back "how soon do you need it?" — all while building a business his own mom is now investing alongside. He covers: The very first deal that funded everything after it — a $10K family property he resold for $60K (and how he wholesaled it without realizing that's what he was doing) The two-contractor disaster that cost him $30K and four months on his second flip — and the exact moment he should have fired the first guy three weeks earlier Adam's "115% rule" for raising capital that most new flippers get wrong — and why it's the difference between $100K in the account on Monday and $15 on Tuesday The mindset shift from doing tasks that save money to doing tasks that make money — and the hands-on jobs Joseph had to stop doing himself to actually grow His goal-reset moment: going from "20 deals this year" to "20 deals this summer" — and the three conversations he's having right now to make it happen How to turn cash flow problems upside down.... and more! What changed for him was getting handed a real playbook for raising capital, plus walking into a room of operators who actually answer the phone when a deal needs a second set of eyes. That room is called 7F Runway. An action-oriented mastermind built for early-stage flippers who are tired of duct-taping deals together one at a time and ready to…