All in all, I was trying to come up with a way to monetize as many leads as possible as I hear I should be doing.

In my view, this is the best and easiest way to tap and monetize the equity in your home.

Another alternative would have been to refi all of the contributed cash out also, making the loan payment closer to $11K/mo, giving $9K/mo net cash without any money left in the deal.Someone will ask...why didn't you get your cash out and take the $9K/mo?

I could stay in for another 12 years to reach 30 years service, which would result in approx $6000/mo Net Retirement Pension.

I'v heard with radio ads you will have to take on other avenues besides wholesaling/flipping to make up for the radio ad cost and to monetize your leads.Where would I, if possible, refer leads coming in as:Subject toLease optionShortsaleForclosureAnd any other leads I can refer without having to waste any money and at the same time helping the motivated seller.I could absolutely work on some of these avenues in the future but for now I just want to capture and work on all the wholesale leads while I convert these into referral fees for the time being.My father is also a Real Estate Broker so I can go under his wing when negotiating percentage for referral fees (and it will be LEGAL).Thanks.Ricardo Acevedo

I figured based on your highest renovation cost you would've invested $48k.I figured ~$250/mo net income plus an additional $275 if you don't have a mortgage?

For those BPers out their actively marketing to motivated sellers, how are you monetizing leads for unmotivated sellers that would be interested in a standard MLS listing.

Asking price: $50,000 Tax assessed value:$57,500 Down payment: $10,000 (20%) -- seller paying all closing costs Rehab: $1,000 (really just needs floors vacuumed/scrubbed and stove + fridge) Total initial investment: $11,000 Projected rent: $775/moVacancy factor (10%): $77.50/moTotal Income: $697.50/moProperty Management (10%): $77.50/moMaintenance (10%): $77.50/moLegal: $25/moTaxes (capped at 2% of purchase price): $83.33/moInsurance: $45/moTotal Expenses: $308.33/mo Net Operating Income: $389/mo --- $4,670/yr30-year Mortgage at 5.5%Debt Service: $227.12Net Cash Flow: $162/mo --- $1,944/yrCap Rate: 9%Cash-on-Cash Returns: 18%Do you think this would make for a good first rental property?

If you care to monetize, I'd consider looking at this one.

It's hard to balance rewarding longevity with monetizing the asset with avoiding unneeded turnover costs.But if you have a tenant stay for many years and never raise rent, you'll get in a situation where it will be more difficult to raise rent due to the precedent you've set, harming returns for yourself and future investors when you are ready to sell.