EXECUTE! S4E40: He Quit His 6-Figure Job… Then Built a $40M Real Estate Portfolio | HaitianCEO

$50 MENTORSHIP! - https://www.bellasloanacademy.com/ He quit a six figure job at 23. Six years later, a $40 million portfolio. He built almost all of it from a 700 square foot two bedroom apartment. They moved out three months ago. Wait until you hear why they stayed that long. Most people think the hard part is finding the deal. It is not. The hard part is staying broke on purpose while the money is coming in, so the money can go back to work instead of going to a car note. That is the story in this episode. Cornelius Middleton Jr., who you know as Newt the Entrepreneur, sat down with me along with his fiancée Bri Collins. He sat front row at my funding class back in 2017 and cut out at the lunch break. He put his resignation letter in on November 5th. On December 5th he did $80,000 in one night off one class. He took that money and dumped it straight back into real estate. Same boots. Same $2,500 auction truck he bought in 2008 and did not replace until a year or two ago. Bri is the other half of this and she is on the pod for the first time ever. She is the realtor in two states, she is the lender on their deals, and she is the reason they stopped paying $27,000 a month in fees to somebody else. Today they are at 162 doors with 42 more units already in the pipeline, and they have a number they are walking away at. He said it out loud on this podcast. Most people never hear a real investor say where the finish line is. If you have been sitting on the sideline waiting for the perfect market, the perfect credit score, or the perfect amount of cash, this episode is going to make you uncomfortable in the best way. IN THIS VIDEO YOU WILL LEARN: The exact door count he stops at, the average rent per door, and the monthly number that made him say he is out of the rental game Why the debt free building he paid $500,000 cash for turned into a $5 million line of credit at TD Bank, and the one thing the bank required to do it The difference between senior debt and mezzanine debt, and which one new investors almost always get wrong The maximum LTV Bri refuses to let her clients take on a cash out refi, even when the lender approves more How he sat on 3.5 million Amex points and what he actually did with them, plus why the construction spend is what got him there Why only 3 deals out of a 20 property text message are worth opening the laptop for, and what he does with the other 17 What he says you need in your pocket to start in the Philly and South Jersey market in 2026, and why it does not have to be cash sitting in a bank account Ready to stop guessing and start executing? Join my mentorship for $50 a month and get the exact playbooks, templates, and coaching my clients use. https://www.bellasloanacademy.com/ Need Funding with a 660 FICO score? Click below: https://l.contactlola.com/widget/form... FOLLOW MY GUESTS: Cornelius Middleton Jr.:   / newt_theentrepreneur   Bri Collins:   / its_simply_bri   CONNECT WITH ME: Instagram:   / haitian_ceo   Bella Sloan Enterprises Instagram:   / bella_sloan_enterprises   Threads: https://www.threads.com/@haitian_ceo Facebook:   / herman.dolce   TikTok:   / haitian_ceo   YouTube:    / bellasloanenterprises   This episode covers real estate investing for beginners, new construction in Philadelphia and South Jersey, how to fund real estate deals with lines of credit and business credit, the cash out refinance strategy, house hacking, and how to build a rental portfolio that actually cash flows. If you are searching for how to quit your job and invest in real estate full time, start here.