Yes - it's $250,000 less, but because the expense is less and you can do it faster, the IRR might be higher.

i'm following this thread, its a good eye opener for people with this (bad) behaviour and people on the financially road to reach this behaviour.. money can come fast but goes away even faster. i wish you and your friend the best, really. 

I'm considering changing careers and finding a job in real estate that helps me to learn the business faster so I can be more educated about making deals.

ISO has also rapidly gone to faster cheaper data creation so the divergence from reality is increasing. 

You could quit your job or keep working to payoff the mortgages faster.

@Michael Barbari has an awesome product and was approved and funded faster than anything I've ever seen. 

Also hard money can close faster than conventional loans

I couldn't disagree more and believe a good wholesaler is worth his or her weight in gold.

We buy single family homes and pure investments to supplement for faster growth.

I expect to buy a better deal and because I have some people and systems in place, I expect #2 to start working much faster than #1 did.For me, peace of mind is a valuable asset I guard closely and hold more precious than any financial gain.I have a great W-2 job I love, so today I am happy to follow what I have dubbed “The Turtle Method”.