What happens when you buy a $130,000 property and discover mid-lawsuit that it was appraised at $2.3 million? In this episode of Dirty Deeds, Logan Fullmer sits down with Southern California investor Ellis San Jose — a veteran deal-maker who built his career finding deeply discounted real estate and "paper" (notes, liens, and mortgages) that nobody else wanted to touch.
Ellis breaks down how he got his start buying non-performing second mortgages for as little as 3 cents on the dollar during the 2008 meltdown, why private notes are still a viable niche today, and how creative financing structures — like paying a seller in three lump sums over 30 years at 0% interest — can turn a $150K house into a $500K long-term hold.
The conversation gets real fast: Ellis shares his biggest loss (high six figures on a Chicago warehouse conversion gone wrong), what it's like to go head-to-head with a multinational law firm, and why knowing who you're dealing with matters just as much as knowing the deal. If you're ready to stop grinding and start working smarter in real estate, this one is worth every minute.
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🔗 Connect with Ellis:📸 Instagram : https://www.instagram.com/fibiusa/
📧 Email: ellis@realestategroup360.comLike, comment, and subscribe for more interviews with real estate professionals turning chaos into opportunity.
