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Podcast: Black Real Estate Dialogue
Episode: Episode 88: How to Build a Flipping and Investing Empire
Description: This episode with Welby Accely was an inspiration! Welby purchased a 4-unit property in Georgia in 2004 while living in New York. He purchased this property with 106% financing because this was when there were fewer regulations on mortgages. The challenge Welbly ran into is that he didn't understand how to properly buy properties. He eventually lost the house to foreclosure.From that time forward, Welby got into various business ventures that didn't work out and made his way back to real estate. This time he had a different approach. He meticulously studied the Connecticut market...