I am looking at the properties for long term residual income, so I am not in a rush.

I want to learn non-stop and build a portfolio of long term residuals and immediate cashflow with the correct strategies.

My personal goal is just net residual income of 3k by 35.

My goal is to own a portfolio that produces $10,000 residual income monthly and eventually building it to more after reaching the goal.

**VA loans can go above 49% as long as they meet residual income req's**Current interest rate (which are not great at the moment) ≈ 5.75%30 year fixed. 

Per my lease, residual is 20k in about a year, w/ about 15k  more miles allowed....

I've been reading about Residual Land Value to determine if a piece of property is reasonably priced. 

My question is would it be beneficial to do a cash out refinance and reinvest into more properties or ride out till property is paid off and collect residual income?

Generally they likely break-even is what I'm finding.We help folks earn residual income to then accelerate them buying passive income properties and we are seeing break-even in Vancouver mainly.

So there’s no number for me, but the goals would be to be free of any debts I intend to take on by 40-45years old and have enough assets with residual income to live a nice lifestyle and be able to finance my future endeavors from my own income.