Have you crunched the numbers to see how many deals on average you need to do this?

Then my expenses for the next three years were nil, cuz I had just spent so much, i put off a few things too...Take it into perspective that you need to crunch your numbers well with your own numbers to get a good idea of reality.

You aren't going to have that many buyers right now with the market due to credit crunches, and lease optioning your house might work.

Under 40 but over 30I'd invest the 750k in corporate bonds that would pay 8-10%I'd then take that income and use it purchase buy and hold properties on a yearly basis.I'd take the 250k and purchase 1mm in real estate throughout the A areas of the sw burbs of chicago60-75k income off the bonds will allow me to purchase and additional 500k-750k in real estate a year.I'd also still maintain a f/t career just not stress as much if I don't receive a well deserved promotion .If you crunch the math in 10 years 1mm would turn into a much larger sum. 

@RicardoN1; I'm not very experienced myself, but I'm sort of a number crunching guy; if you want to send me your figures for the case I'll give you my honest feedback.By the way, can anyone recommend a good (and reasonably price) property management company for Madrid?

But that's just my goal I haven't sat down with any professionals to crunch the numbers, until I knew that using a HML and seller finance together was a possible feat.

I purchased a 6-unit property for him in March 2021 to get him interested in real estate and he got a little excited, crunched the numbers and dealt with all the purchasing tasks, but sort of did not want anything to do with managing the property.

Pop your data into analysis software and crunch the numbers.I use Real Estate Analysis Free, and you can also use the one right HERE on BP

Basically, it worked because I did my number crunching and knew the deals were good. 

I leaned on my parents to cover a short term liquidity crunch for the first one (and paid them back with interest).To the extent the debt route wouldn't work for that person, you could offer a portion of on going income (equity partnership).