The bank rolls the 2 into one after 12 months so no refi to do at all.

You could easily end up spending the entire bankroll on one or two houses and then be stuck.

The problem is that our money is his bankroll.

They are also useful for people who need to bankroll the payment of a future estate tax against illiquid assets such as a family-owned business.Term life policies are a better choice for MOST (emphasis mine...consistent with what I have said since the beginning of the thread and all other threads) people because most of our long-term commitments are fulfilled well before retirement.

Not sure where you're getting your data, but doing a flip with a bankroll of $70K in Denver would be very difficult.I don't see how its possible to do a fix and flip from a distance.

Steve L. and his blog: Build Bankroll

But I must say, I'm not bankrolled enough for a move like that right now.

Partner up with someone, learn and build a bankroll.

Now, I realize when you first start you'll probably need to work at a 9-5 to build a bankroll, and even if you have enough startup money you'll spend a lot of time managing the properties.

When I first started investing in vacant lots/acres I was putting a lot of them on my credit cards and MAKING SURE to sell them before due dates...and I was charging for closing costs....It was a good effective way for me to start and building the bank roll.