I plan on using this mindset to succeed in real estate investing as well.I now am at that stage in my life where old age is on the horizon and I need to make and bank a decent amount of money.

Any early stage refinance will boost your return.

That is a very risky segment of the market at this stage of the cycle.

@Justin Trudellnot sure if I understanding your correctly, but if you continue to participate in your company 401k, unfortunately you will not be able to move it elsewhere, it will remain there...The excess of contributions you can direct into SD IRA and with those funds you will have the freedom to invest as you wish.

The excess depreciation that you did not use to offset income also adds to your tax loss.

I send multiple letters to the same person in an aggressive form, they receive relevant content: Day1,3,5,7,10,14,21,28,35,42,49,56,63,70 days out.... seems excessive to some but it works for me. 13 pieces per person over 10 weeks.

Lenders will want to reduce the loan amount if you have excess amounts paid in, they will like to see available money applied to the deal in most cases.

One way I used to use to justify carrying a balance was that I had liquid assets to cover it well in excess of my debts.

I'm still in the beginning stages of analyzing properties and learning what is a great investment opportunity and what should be avoided.

Here are the numbers:$455,000 purchase price$5,492 closing cost$56,000 renovation cost$4,000 landscape cost$5,351 various costs including fixtures, appliances, staging furniture, etc. $1,370 taxes$150 total utilities$29,925 commission$5,000 closing costTotal cost $562,288Listing price $630,000Estimated net profit $67,712Here are some before and after pictures:Living roomLiving roomFireplaceFireplaceDenRemoved den, replaced with mud room with tech center.KitchenKitchenRemoved the kitchen and replaced with Master room and 4th bedroom.Makeshift 3rd bedroom (across from kitchen).Removed the 3rd bedroom and converted to dining room.Removed the 3rd bedroom and converted to dining room.This was a family room (back of the house).Moved kitchen to back of house.KitchenBathroom #3Bathroom #3