How long did it took you to reach finacial independence?

[Rahul Handa]

How many years did it took you to become finacially free?  

[Bill B.]

@Rahul Handa

Once I exceeded 4 loans I fell under new underwriting standards. (2008-12 era) 20% on primary and 25% on rentals got lower rates and no PMI. I hate paying interest/pmi or owing people money.

I’ve gone from 10 loans on 13 properties to 6. I dump all rental money back in to paying off the loans to generate more free cash flow. I have about 6-8 years left to own them all outright. May not be the best use fo cash financially but at this point it’s all fu money. Nothing better than $1000+/mo per door cash flow after expenses including property management. I probably spend an hour or two a month on it, mostly bookkeeping or trying to pretend I’m needed. :-)