Our Story
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. In 2000 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.? Following the recession in 2008, banks, federal courts, and private individuals needed skilled management to stabilize distressed properties. Mike ran with the opportunity and started MDL's Property Management division. Both the Security Exchange Commission and other federal courts credit MDL with outstanding performance.
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