my wife and I own 5 rental properties in an LLC (fed partnership structure). in the early years, the business was run by a management company and we accumulated significant passive loss carryovers. my wife retired and took over running the business converting status to real estate professional (i.e. non-passive status). properties will soon be taxable and I believe 469(f) allows for offset of passive loss carryovers against non-passive income under special rule.

I realize different banks and lenders offer different products, I want to know specifically the nitty gritty details of..1) The length of time you held the property before refinancing2) The actual refinancing deal you got 3) How much you were actually able to pull out of the deal to fund your next property etc..4) How quickly/slowly, AND how much equity you were able to accumulate. 

Flipping is a job (but fun job most of the times) and its good way to accumulate capital for down payments or reduce debt. 

If you are investing you want to accumulate assets, not liabilities.

However, I'm a little unsure how some values were calculated.Assumptions:Property Value: $70,300DP (20%): $11,249 (initial investment acquired at 20% discount)Rent and market value appreciation: 5%Mortgage: 30-year loan at 7.43%Now on his chart on the first year, here are the values:Start of Year Market Value: $70,300Annual Price Appreciation: $3,515Year End Appreciated Market Value: $73,816Annual Principal Debt Pay Down: $420 Year End Accumulated Equity: $29,244Annual Cash Flow: $300ROI: 37.7%ROE: 16.7%I'm curious how Annual Principal Debt Pay Down, Year End Accumulated Equity and Annual Cash Flow were gathered based from the given assumptions.Anyone can shed some light on this?

You've been working and making good choices with you earnings to have accumulated such a savings. 

do it the EASY way....by taking a few years and accumulating large cash stockpiles, an 800 beacon, and low DTI.

My wife and I began following Dave about 15 years ago, and was able to get completely out of debt and pay off our mortgage over the following 5 years.We kept putting our snowball into savings which allowed us to accumulate a lot over the following 10 years.

Then I caught the bug, and within 6 months and on the same salary, I started accumulating thousands per month.Accumulating thousands of dollars per month is a choice, and really the only path forward for someone seeking to be financially independent in 10 years.

Maybe you need the cash flow as well and aren't ready for cash neutral investments that focus on wealth accumulation only.You may also need to self manage and self maintain your properties.