One commenter here noted that he was purchasing distressed inventory off market and/or using creative financing, delayed financing, private money, or all of the above.

(a lot of my clients have maybe 100k cash saved but make 20k a year and live in Pasadena, ca where a fixer upper costs about $650k) : they really want to get started in real estate and are looking for every way possible to pin-point a place where they can stretch their 100k... so, one of the conversations I have with them is: how can you invest a portion of that 100k in yourself to increase your income. maybe schooling, maybe starting a business, maybe a course on whole-selling- or all of the above on whole selling.... but it is very difficult - not impossible, but difficult to create an empire with 100k saved and making very little income). * the alternative: you learn, you research while investing in yourself, and then getting a better job or business that pays you $50k, $75k or $100k + per year.

Not drowning but the fear of starting without having my car paid off or all my ccs paid off 2.Capital potentially losing my “cushion” and having to worry about how to pay my bills3. credit.

For others, here's the link (if it works and is not blocked):https://www.biggerpockets.com/files/user/JustinS374 There are 3 other resources I created here as well:1) Financial Health Plan (Word template)2) Net Worth and Monthly Cash Flow Tracking (Excel)3) Buy & Hold Analysis (Excel)Feel free to download any or all of them and use however they help.Happy Investing! 

Remember, it's only libel if it is NOT TRUE.Legal definition:  Libel is the written or broadcast form of defamation, distinguished from slander, which is oral defamation.

It's true for many Americans - in fact, the man who created the 401(k) in the 70s regrets it, because it created a false sense of security and many will indeed find their retirement savings woefully inadequate.

It states that Adverse Action Notices may be delivered electronically and also emphasizes that "you must securely dispose of the report and any information you gathered from it".One of the examples is A landlord who makes it a practice to approve an application if the prospective tenant shows an adequate income or has a favorable credit report, is dealing with an applicant who has an inadequate income and a bad credit report.What if the reason for declining application is inadequate income and not the credit report?

Millions of people who have never heard of BP or all the acronyms just go out and buy a second home and rent it out.

The majority of the Americans live in a jail without realizing it: they cannot go to see a movie because they cannot afford it.they cannot go on a vacation because their bosses would not let them, cannot afford it, are afraid someone will take their job or all of the above.they live in tiny cells they call apartment because they cannot afford a bigger onethey get robed/raped/killed because they cannot afford to move to a better onethey rely on the taxpayer to provide for them because they cannot do it themselvesthey watch whatever their uberlords tell them to watch because they have been trained as kids to follow the crowdthey don't think for themselves because they are told that the rules are stacked against them and there is nothing they can do to change their own circumstances.

@Lance Blight No matter the case as long as you're reducing your cost of living expense by having tenants pay for some or all of your mortgage you are house hacking.I would caution you, though.