Some of the best skills I've learned are basic real estate math and finance —being able to analyze potential deals to see if they are feasible and can generate good profit or cash flow. 

Purchase price: $315,000 Cash invested: $85,000 First investment property, property pays for itself and then some.

Get seller concessions to buy your rate down and pay your closing costs, so you can save your cash.

Keep leveraging your knowledge of local opportunities to acquire your first property and expand from there.Financially, reinvest your earnings, and make sure you have a solid grasp of cash flow and expenses before making your first purchase.

Don't pay for points since you can refi later.4 to 6 rate cuts coming by end of 2025.If it won't cash flow at a 7% mortgage then it's probably not a good deal anyway.

The CAP on that was fair and enough for me to cover my expenses, debt payment and put some cash in my pocket every month. 

If so, your cash-on-cash return could be substantial.

does anyone know of a credit union, or private lender who does cash out refinance on lots of land??

Hey Nicholas,Happy to provide my context.

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