This is a true statement.For repeat customers, especially if it's in the same tax year, we can recycle a great deal of the underwriting paperwork (& of course all your paperwork we already have on file)... and oh look Mrs.

So the guy collecting empty aluminum cans on the way to the recycle center is clearly an investor.

Imagine being subject to RC and getting stuck with a squatter-tenant that want to milk their below market rent!  

I know with BRRRR you want to refi to pull the money out recycle and do it again so it is awesome in that regard.  

I'll milk that cash cow.  ;-)Again, learn the language- CCR (Cash return on Cash invested) is different than Cap Rate.  

Other profit centers (mortgage paydown, appreciation which may be negative in your case, cash flow over the full life, and tax benefits) ... project them all out using long term average historic appreciation rates (CAGR over decades spanning multiple RE cycles, for both rents and prices) for that hood and compute IRR ... this will give you a much more complete and realistic picture of how the investment is most likely to perform.This is the analytical framework for how to assess the financials ... the important underlying question though is why are prices so depressed and not keeping up with inflation?

All paid off by 30 years old.Key Strategy Used: Buy - Rehab - Refinance using 100% Money Recycling FormulaWhen Ed started, like most people because of his age, he only had $ 20k from this first job saved up so.

It really felt like the appraiser was just playing games, and trying to milk us out of re-inspection fees.

Milk the brokers for information - they can usually give you a good picture of different local submarkets and neighborhoods. 

please study the re cycle as where isn't the only factor, but when is also important.