It's pricey, sure, but it helped me solve the velocity of money puzzle and pick up more properties quickly. 

Velocity and time are on your side if the numbers work, unless you're not in the game. 

You have to buy houses where people want to be if you're going to make turnkey work, and you're going to have to research where an area's population is flowing, because the majority of the benefit you'll get with turnkey properties is several years removed.A turnkey house in a bad neighborhood could cost you big in both time and money.The foundation of my investing is anchored in two strategies: Velocity Banking and Infinite Banking.

You would avoid the initial loan costs (but that doesn't mean you saved anything... it may actually cost you because you have slowed your velocity of money). 

@Carl FlintWealth = Leverage x Mass x Velocity

Your arbitrage is ROI exceeding your cost of debt which accelerates your velocity of money.That being said, with $60k, you can find some nice multifamily in Aurora/Elgin with 3-4 units around $300k with very good cash flows on a 20-25% down payment.

Plus brrr is a very slow way to get velocity

Velocity of money.a 30 year mortgage allows you to keep more cash on hand which you can invest with. 

The difference is that every dollar given to households will get spent immediatley and actually stimulate the economy, which is 70% consumer spening, while most of the corporate dollars will get burried on balance sheets and wall street stock buybacks and never see the light of day again.I start to rethink welfare programs, used to follow the stereotype - once you get over the "It's unfair that I have to work and they get it for free" reaction, it's actually one of the best ways you can increase the velocity of money.

My strategy is changing to a Secured LOC on a paid-off property.Reason is that I see paid-off properties, encumbered with a first position LOC, may lead to a faster velocity of money.Use LOC to buy property for cash (save on loan fees, buy cheaper, and increased speed) then use cash flow to pay back LOC balance to $0.