Assuming you have a loan on that property you co-own, you'll need to "extract" that equity somehow and convert it to cash to be able to use it on another property. 

If you purchase a rent ready RE investment this could be 0%, but at the opposite extreme a good brrrr can produce the now elusive infinite return (I have achieved this on most of my RE investments but believe it is very challenging in the current market to bp not be cash negative after the refi to extract the added value.I expect to make an offer this week.  

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

This is a company that extracts fees and does the bare minimum to stay in business.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

I appreciate you being so candid and detailed with your stories allowing us all to extract value from them. 

If I invested $100k in the year 2000 using the same leverage and no extraction of value in both San Diego and Cleveland, which investments do you think would have the better cash flow over the hold?

Everything was volunteered and not extracted from the agent. 

LeadSherpa is a good service i had a lot of experience with if you want to go that route.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.