
364: Denied On The Mortgage—Now He Owns 130+ Properties
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About this listen
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/