The higher rates have somewhat slowed down the "get rich quick with no money down" crowd as financing is more difficult, but I still see a lot of new investors with serious cash or purchasing power.

Often times the only bill that is tied to a house is a utility bill (not power or cable which are associated with a house but tied to a person and not the property) and the new owner takes responsibility for it at closing when they take possession of the house.

I am a hustler first and foremost and intend to reach financial freedom in the next 10-15 years.

Real estate offers excellent opportunities to support your goals leading to financial freedom.

When that person said that, we realized how much power we had to negotiate terms that helped us reach our goals.You can't just take what's being offered when you negotiate.

However, the power of leverage will make you very wealthy in only 10 years or less when you factor in your monthly cash flow, principal pay down of your mortgage and 5% appreciation.

I recognize you must be on a tight margin, but this amount is not worth stressing over.If something like this happens in the future take control and the power.  

The power of compounding in real estate is real - yet most professionals don't understand how powerful it really can be even though they talk about generating wealth.The true power of a 1031 exchange is the ability for an investor to meet their investment objectives without losing equity to taxation.

Read Profit First, Shift By Gary Keller, The Power of Human Connection by Kody Bateman.

@Freedom Jonson interested in the dates for the next meeting!