Jun 27, 2018
Lance Edwards is living proof of his mantra that you don’t have to “graduate” from single family to multifamily – you can start with multifamily, just like he did. Lance purchased his first deal (a four-plex apartment) in March, 2003 – nothing down. Over the next 2 years, he went on to purchase 50 properties nothing-down on a part-time basis, while working his full-time corporate job.
In July, 2005, apartments allowed Lance to retire from his 20-year corporate career to start a full-time real estate business that acquires and flips commercial multifamily properties. In 2007, Lance added his training business to teach others how to likewise escape the rat race and create faster financial freedom with apartments and other commercial real estate, through creative financing and raising private money. Lance “walks the talk.”
Lance has student entrepreneurs nationwide using his system to profit from flipping and buying commercial apartments using none of their own cash. Flipping apartment contracts routinely yields 5 figure checks with Lance’s students earning $11,000 to $60,000 on their first deals. Buy-and-hold students from all walks of life have acquired 4-plexes to 84-unit projects, using none of their own cash; with the current record being 2 students who acquired 4 projects totaling $6 million in their first 10 months, again using none of their own cash or credit.
Lance has been featured on ABC, CBS, NBC, Fox, and The Wall Street Journal. His company is recognized by Inc Magazine as one of the fastest growing private companies in America – thanks to small apartments.