Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

@Chinku Chinku the rich get rich by making their money work for them.They borrow at one rate, to invest in something that returns a higher rate - they profit on the difference.Only you can evaluate your risk tolerence though.

I manage 600 LTR for my work.

I started this company because I want to be a source for people and be that stepping stone for people who want a better life.

Relationships are key -this off-market deal was found through a longtime realtor friend and my last seller financed deal was through a landlord/client I worked with for several years. 

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

This may come into play as you near the end of life and need to think about estate planning.4. 

Work in a balance reduction if you pay it off early?

Yes, You can buy and asset, fix it up and rent it out to make money without you physically having to work for the money. 

I need to do some research and find out what a DSCR lender is and how they work.