Reversed $400K stock loan advice
Dave told a caller with $550K in stock and a $400K loan against those stocks to simply sell the stock, fire his financial adviser, and become 100% debt-free.
Similar snapshots
Data point
4%+
China's second-quarter economic growth came in at just over 4%, the slowest rate in more than three years, falling below Beijing's full-year target.
Data point
4.5–5%
In March, China lowered its annual growth target to between 4.5–5%, the least ambitious target since 1991.
Data point
1,000+
Japan's Nikkei average gained more than a thousand points as stocks across Asia traded mixed.
Data point
10–12
Dominique Gunderson currently runs 10 to 12 flips simultaneously in New Orleans, demonstrating that flipping at scale is still very viable in 2026.
Data point
100+
Henry Washington and Dominique Gunderson have collectively done over 100 house flips, giving them deep perspective on how the market has changed.
Margin for error shrank dramatically
The margin for error in house flipping is now so small that even minor miscalculations can erase profit, exposing weaker investors over the past two years.
Data point
6%
Henry Washington always underwrites assuming 6% in realtor commissions as a worst-case scenario, even if he rarely pays the full amount.
Closing costs on buy AND sell
A common flipper mistake is only budgeting closing costs for the sale — forgetting the purchase-side closing costs that also eat into profit.
Data point
70–80%
Dominique Gunderson estimates that 70 to 80 percent of her rehabs produce a surprise cost item of $10,000 or more, making contingency planning essential.
