In my experience RE investing is a reliable way to get rich slow, provided that you’re willing to invest steady effort and attention into the proper management of your portfolio over an extended period of time.   

We offer over 120 categories that are real estate related and periodically add more based on customer requests. 

At the end of that period, the owner must pay off the existing loan and get another loan to pay off that old loan.

Current rate for a 10 year Refi / cash out is between 6.5 - 6.75%.....coming down to 6% or under can make a huge cash flow difference over 5-10 year period. 

I HATE extended warranties.

Biggest mistake I see is going to vacation and then half of the 45 day ID period days are gone or an investor looking for a (deal of the century and not being realistic).

Commercial properties tend to yield higher returns but come with more complexity, higher risk, and longer vacancy periods, making them better suited for experienced investors.

With 80k, I wouldn't want to extend more than 40k in my first deal. 

If i am holding onto this property for a definite period of time, I also will want to calculate the IRR to see how it stacks up with other potential investments that I have run into.

Perhaps NBC knows someone who invested $200,000 for a longer period, and that person would be able to share a something worth pen to paper.