The Loomis Family

Mike Loomis started his career in real estate after reading a book about real estate investing while attending college. In 1986, he borrowed $40,000 from his grandparents (that was fully repaid), which he used to purchase his first two investment properties. Over the next 10 years, Mike obtained his General Contractor's License and was able to grow MDL Investments to include 90 properties. He also began buying homes to fix and sell on land contract, totaling over 400 homes to date.

...MDL Investments formed partnerships with local investors to repeat Mike's plan on a larger scale, including expanding to properties in Florida and North Carolina.

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