Who cares if the due dates are close to each other if you have sufficient reserves?

Good points, another is that 10K really isn't sufficient for lending unless you are really careful.1, Who only needs 10K?

What you need is an area that is growing, that has a stable economic base and that has sufficient inventory for what you want to do.

Scott probably is, as it's my understanding that he was a teacher, has his Masters and has sufficient RE experience.

My hope would be that this entitlement mindset changes no people would want to be self sufficient and successful.

So you've just got to capture some equity on the front end, at lease 15%+, by buying from motivated sellers, buying distressed properties and rehabbing, etc.However, the guy with 4 houses owned in cash can also probably easily manage them, saving PM fees, whereas the guy with 4x to 5x as many leveraged houses either needs a PM (and will pay them 12-16%, including leasing fees) or will spend many many hours of their life dealing with all the houses.It's also a lot easier to find 4 great below-market deals than 16+.I also like the comment someone made that if they had sufficient capital to buy a portfolio of SFRs outright, they'd probably just be a private lender and capture double-digit returns on a much more time-leveraged basis with less risk and more stability in the income.

If I knew it was going to happen, I'd "retire" early -- I'd liquidate everything, move my family to another country where people are less focused on material things and are more self-sufficient and I'd start on my long list of books that I've been meaning to get to.

I have good credit, sufficient savings and it's a great property!

Hello,I've been doing a lot of reading and listening on BP and most investors seem to say that getting your Real Estate License is a good idea if you're looking to start investing.I've decided that it certainly can't hurt and would most likely be very beneficial.Let me say that I work full time and have one rental property that is mostly self sufficient.

they don't care how many mortgages you have only that the property offered up has sufficient equity.