Average Joe earning $50K per year and investing $20K per year has an extremely high probability (risk) of spending most of his adult life spinning his wheels in the rat race if he invests in real estate without leverage and spends several years accumulating cash such that he can invest in one giant lump.

Creative spin on where that could lead society...

They just spin in a metal box, so the main problem is the moisture can't vent out the bathroom itself.

It's enough to make your head spin.

your going to spin your wheels trying to find unicorn private lenders for lower rates than HMcapital partner will cost more but it will give you the experience you need to find other money.. its a very long process for private money those folks are not lenders they have limited capital.. its a tough job finding those folks. 

The draw to being an investor in a syndication follows my answer in #2 above, but I'll add one additional avatar--the investor that tried direct investing and realized how hard it is to find a good deal and gets tired of spinning their wheels. 

The thought of taking out more loans while trying to get out of one now is a bit overwhelming, but I also do not want to 'spin my wheels' and not take action. 

I put my focus on keeping my gears low, and spinning at high cadence so I wouldn’t overstress my knees.

If there is enough equity, and the property still cash flows after the refinance, and you find a good deal to BRRRR, spins like a solid plan

By hand, spin the fan blades up as fast as you can.