Leverage your existing equity to invest in smaller properties, such as a mixed-use or retail space, to gain experience and cash flow.

He also just released a book called Wealth without cash.

Purchase price: $174,000 Cash invested: $16,000 Bought a single-family home in spring of 2021.

I’m open to either a townhouse or a single-family home, but I’m definitely trying to steer clear of any crazy HOAs that eat into cash flow (you know what I’m talking about!).

.$300k cash flow in 20 years is an ambitious but not unrealistic goal. 

Have the co-op take out a loan for 60% of building value, then charge buyers 20% of value in cash for each unit. 

Part of the investment thesis was getting it for a bargain, then building an ADU complex on it as affordably as possible, getting it to cash flow, and realizing value on both the rental income but also property appreciation given the work going into it.If the property will really only be worth ~$1.70M once we are finished, I will likely just stop the project now and exit the house as soon as possible.If you do not get dollar for dollar for projects such as this, how would house flipping ever work?

Hi Ethan, I would not entertain the idea of getting more money from this tenant in order to potentially increase your cash flow. 

I’m currently targeting properties in the $200K–$500K range, depending on the location and potential cash flow.

What you spent on the land/lots can go towards your down payment and, if you've owned the land for more than 6 months, you can use the value of the property toward the cash injection requirement.