Finally free, I vowed to never own another rental property again after the experience.Fast forward to early this spring (2016); I had the good fortune of borrow a little known book titled, "Rich Dad, Poor Dad," from my good friend and proceeded to realize all of the things I had been doing wrong and how my financial philosophy was in need of some major retuning.

Inevitably, there are times when you will "house rich and cash poor", which is often a great time to bring in a partner's financial resources. 

@Rich Lopes Is your expectation for more appreciation?  

I recently joined the Rich Dad company real estate investment education courses (I know I know, everyone will tell me it's a waste of money etc, however so far I have actually gotten a lot of value out of them.

Since discovering BP last weekend, I have already had the opportunity to listen to 6 or 7 podcasts, read multiple blogs and beginners guides and I just finished Rich Dad, Poor Dad today and then immediately dove into another BP special.

This is for the average investor as well, if you can show you don't need a loan, you can probably get 75%, but your debt coverage ration will be going up, so, how rich are you?    

@Rich MahreWelcome to the BP family!

Rich Dad Poor Dad!

Just buying one multi-family rental is not going to make anybody rich and the Monthly Cash Flow is miniscule compared to other ways to make money with money.

I know this isn't a get rich quick plan.