How I Recently Got Paid To Buy A House (And Now Make $4,000/Month From It) | Astroflipping Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 18 June 2025
⏱️ 9 minutes
🧾️ Download transcript
Summary
In today's Wholesale Hotline (Astroflipping Edition) Jamil shares a story of how he landed a fully renovated property in Phoenix's Biltmore area for no money out of pocket—and turned it into a massive cash-flowing asset.
Show notes -- in this episode we'll cover:
- How Jamil used a 75% LTV private lender strategy to structure the deal, cover all renovation costs, and even get paid to buy the house.
- The property's unique layout—including individual entrances for each room and a converted garage—made it a perfect candidate for co-living transformation.
- Full breakdown of converting a 3 bed/2 bath into a 7 bed/7 bath co-living setup with only $70K in renovations, projected to net $3K–$4K/month in cash flow.
- Jamil explains why these kinds of deals aren’t unicorns—exactly how he found it and structured the deal.
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☎️ Welcome to Wholesale Hotline & Astro Flipping breakout🚀👨🚀🚀👨🚀! ☎️
Jamil has been in real estate since 2002, since then he mastered the art of Wholesaling Real Estate. He successfully built KeyGlee, which is now a National Franchise with over 100+ employees, spanning 180 US markets.
Jamil also runs a mentorship called Astro Flipping where he mentors and educates hundreds of entrepreneurs on how they can be successful in their own Wholesaling business.
He is also the host/star of his own TV show on a nationwide television network, A&E. Triple Digit Flip showcases Jamil, his sister Rahima, best friend Pace, and their real estate agent Laura wholesaling and flipping houses all over Arizona.
Jamil is also the co-host of the fastest growing podcast on Wholesale Real estate called “Wholesale Hotline.” Additionally, he started his own podcast called “To the Moon” where he highlights student success. Above all things listed about Jamil, his mission in life is to impact as many lives as possible, and share the knowledge he has with those that have a desire to learn.
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🚀 Learn from Jamil 🚀
🧑🚀 IG: https://www.instagram.com/jdamji/
🧑🚀 Facebook: https://www.facebook.com/jamil.damji
🧑🚀 Dive into Jamil's Mentorship: https://go.astroflipping.com/1-case-study?utm_source=youtube&utm_medium=organic
🧑🚀 Book a call with my Astro team: https://go.astroflipping.com/schedule?utm_source=youtube&utm_medium=organic
🧑🚀 YouTube Channel: https://www.youtube.com/channel/UCDqJP0mZNOSR9JiIRE02NxQ
🧑🚀 Tune in to Wholesale Hotline live on my YouTube every Monday 5pm MST
🧑🚀 My AWESOME Dispo Company: https://www.keyglee.com/
🧑🚀 JOIN KEYGLEE FRANCHISE: https://my.keygleefranchise.com
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🔌 PLUG IN & SUBSCRIBE 🔌
🔸 Jamil’s YouTube: https://www.youtube.com/c/JamilDamji/
🔹 Jamil’s IG: https://www.instagram.com/jdamji/
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You are listening to an astro-flipping breakout with me Jamil Damgey on the Wholesale Hotline podcast. |
| 0:08.0 | We want to know how we are doing, so give us a rating and leave us a review. |
| 0:13.0 | What's Cracking? I'm going to show you how I was able to buy a house for free. |
| 0:17.5 | Now, you might be thinking, well, Jamil, is this one of these houses that doesn't cash flow |
| 0:21.2 | and is going to just be harder on you to have to keep? No, that's not the case either. In fact, this house that I got for free is going to cash flow anywhere between $3,000 to $4,000 a month. Well, I'm going to show you exactly how I did it. I'm going to give you the proof that this happened, and I'm going to show you exactly how you can do the exact same thing. |
| 0:38.4 | So let's dive into it. |
| 0:41.2 | All right. you the proof that this happened and I'm going to show you exactly how you can do the exact same |
| 0:38.1 | thing. So let's dive into it. All right. So here we are case study on 2801 East Osborne Road. |
| 0:46.4 | Now, by the time that this is released, I'll have already closed on this home. And it is probably |
| 0:51.9 | the best deal that I've done in the last few years. Here's what |
| 0:55.0 | happened. Pace and I have been doing the No One Left Behind Challenge, where people fly in every |
| 0:59.4 | single month and learn as newbies how to make calls to real estate agents, how to generate deals, |
| 1:05.2 | how to generate leads, and how to have these conversations. It's one of the most impactful |
| 1:09.0 | live events I have ever seen. and it's a benefit of being |
| 1:12.5 | a member of the Sub 2 community. |
| 1:14.3 | And I'm really grateful for this community because it's been having me be in the seat where |
| 1:18.7 | Pace and I are pretty much kind of going head to head, calling real estate agents trying |
| 1:22.9 | to get deals. |
| 1:24.3 | Now this was one of the coolest deals because when I called the real estate agent, |
| 1:28.1 | I had realized that this house had been sitting on the market for quite some time. And I asked him, Neil, tell me, what's the story on this house? And he said, Jamil, it's a tough one. You see, this house is beautifully renovated, and it's in one of the best neighborhoods in Phoenix, Arizona. It's in the Biltmore area. And if you ask people, they'll tell you, |
| 1:45.0 | 28th Street and Osborne, that's a good spot. Now, the reason why this house was a little bit |
| 1:50.3 | harder to sell is Osborne is a busier street. And 28th is also a busier street. And so this house |
... |
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