That way you only have payments when you are actually using the credit line, and any additional cash flow can just go right back in to paying off the line.This is pretty much the infinite banking concept, but with SO much more control.

Thank you @Paul Timmins, I am reading J Scott's book on flipping houses now and his rehab book is on the shelf waiting to get read once I am finished with that!

All in all it was a great book and system that actually is working for me and not just sitting on my shelf.

There are an infinite number of ways to get the capital to start, but for most of us, we'll accumulate it the hard way - by earning money from our day job/business, spending less than we earn, and slowly accumlating the portfolio.

Being that it's a 1995 doublewide, I know that it has a limited shelf life and is depreciating every year.

Should I just shelf the money maybe wait for another down turn that will happen but don't know how long that will be.

Commercial portfolios are infinitely more flexible.

...My most recent residential acquisition in an area of London that will be seeing gentrification in the next ten years is currently sitting at an 11-cap.The ROI and CoC are infinite because it was a BRRR with more money in my pocket after refinance than before I started.

It was infinitely readable and funny.

3) Once I have the pre-approvals in hand, I understand they're usually only good for a limited period of time (e.g. 60 days), but that I can supply updated information to the lender and they'll extend the shelf-life for my pre-approval for another few months.