7FF 757: From $20K In Debt to Securing Your First Flip

December 19, 2024

About This Episode

What does it take to close your first deal as a house flipper?

Peter Eberhardt’s journey in real estate investing started long before that first flip.

He was 18, training as a bike racer in San Diego, and living off of credit cards. He’d racked up $20k in credit card debt. As a ride-share driver, he saved up the money to pay off the cards and buy his first multifamily property.

Fast forward to 2024 ⏩

Peter made the switch to flipping and found his first deal in 3 weeks…

If you want to know what it takes to make it as a flipper and find more deals, listen in now!

"I couldn't have done it without the group."

That’s what Peter had to say about his experience in the 7 Figure Runway program.

It’s proof of the power of a supportive community. Whether you’re aiming for your first flip or scaling your real estate business, being surrounded by like-minded investors, expert coaching, and actionable strategies can make all the difference.

In 7 Figure Runway, you’ll learn step-by-step how to find deals, fund projects, and finish flips—all while building a strong foundation for long-term success.

The doors to Runway are currently closed, but we're opening them back up in January. This is your chance to be the first in line. We have limited spots in our next cohort!

CLICK HERE to Apply to 7 Figure Runway >>

Catch you later!

Free Resources / Downloads

5F Framework

A business framework that creates consistency within your flipping business by giving you a tested roadmap to building real estate wealth.
5 Proven Steps to Build Active and Passive Income in Real Estate (FREE!)

Get Access Now

Freedom Number Calculator

The 2-Minute Exercise That Shows You Exactly How to Build Toward Your Life of Freedom.This quick (and powerful) quiz will help you calculate exactly how many deals you need to support your ideal lifestyle and how close you already are. Most investors don’t fail from lack of effort, they fail from lack of direction. No guesswork. No fluff. Just a clear target—and a plan to make it real.

Get Access Now

Adam Whitney’s Seller Call Script

Use the same script Adam uses while on the phone with sellers

Get Access Now

Off-Market Deals on Demand

Get the UltimateOFF-MARKET DEALS Starter Pack...For FREE! Niche lists, seller strategies, a hyper-local market tracker, and a bonus!

Get Access Now

Grow Your House Flipping / Wholesaling Business WITHOUT Guesswork or Trial-and-Error

Find out EXACTLY what you need to be working on TODAY to do more deals, make more money, and free up your time.

Explore More Episodes...

7FF 645: They Made HOW MUCH on This Flip???

June 13, 2023

I’m hanging out with 2 of our 7 Figure Runway members, Dustin and Crystal Hippensteel, and they just told me something surprising about how much money they made on their latest house-flip…

Full Episode >

7FF 644: Investing in Belize? Huge Land Deals With Massive Profit…

June 9, 2023

Sean St. Cyr is a 7 Figure Altitude member with a unique real estate investing strategy… he’s doing some impressive land deals in Belize while living in Canada with his family!

Full Episode >

7FF 643: From “Cash Flow Crunch” to $1,058,000 in 12 Months

June 6, 2023

Stan Wilder is on track to flip 18 to 20 houses this year… and he’s a “one man show.” Find out how he survived a “cash flow crunch” and how he’s setting up his business for more growth than ever!

Full Episode >

7FF 642: The American Dream is Broken: Part 2

May 25, 2023

We’ve all heard that “debt is bad.” But in this episode I’m going to break down how to use good debt to massively scale your net worth quickly (this is how wealthy people make money)... check it out!

Full Episode >

7FF 641: The American Dream is Broken: Part 1

May 23, 2023

In America, most of what we’re taught about “wealth” is completely wrong… and as a result, most people are stuck in debt and struggling to pay bills, with no way out in sight no matter how hard they work. We need a new approach…

Full Episode >

7FF 640: 18 Deals Since January… From “Niche” Lists???

May 16, 2023

Colin Spivey started in real estate when he was in high school. Now, at 21 years old, he’s brought in almost $500,000 this year, primarily through wholesaling. So I asked him to join me on the 7 Figure Flipping podcast to share how he’s getting deals!

Full Episode >

Ready to Build a Business That Finally Works?

Ready to find your tribe?

Don’t stay stuck in chaos or settle for another year of inconsistency. Join a serious community of operators who are building businesses that matter. This is your moment.

Click below and we’ll help you determine which program is the best fit for you.