Well, a lot of life happened and now I am getting back to zero no debt and I'll be renting for now and I am considering a duplex to buy cash or maybe land and some sort of unconventional home but still purchasing cash.

A cash-out refi could allow you to set aside some funds as a reserve or at least pay down your debts so that your lines of credit (credit cards etc) can act as your emergency reserve when more bad things happen. 

If it's worth $1.3 million today, it will be worth $3 million or more in 20 years, you'll have paid off the debt (or most of it), you'll earn at least $3 million in cash flow over those 20 years, and you'll have tax benefits.

Purchase price: $330,000 Cash invested: $40,000 Hey everyone, I wanted to share a personal story about a property I purchased and renovated in Hudson County, NJ.

If anyone has experience renting to traveling nurses—or insights about short-term room rentals in Tampa—I’d be grateful for your thoughts and suggestions.Thank you in advance for your help!

It’s a low-risk entry into real estate with built-in cash flow potential.

Sadly, it seems that cash flow on long term rentals with 20% down just does not exist in most desirable locations.

The modest cash flow could be reinvested, eventually allowing me to build a portfolio of income-generating properties.I recognize your point about needing $2.5M–$3M in cash to consistently replace a six-figure income.

It's the cash you put in that's your cost for the property. 

I cash flow them to buyers on lease options with a hefty option payment up front to me.