If you're looking for commercial property, cold calling is your best bet to start.

Here are some loose variables:If there are 3 years left on two of the loans, but you could pay them both off in a year and add the mortgage payment's worth to the cash flow column, would you then still save the money for a down payment?

But, I would bet a quote at 518k (or even 450k) would be basically equivalent in price if not possibly higher than your hypothetical 625k with an admitted carrier.  

But I am not betting my retirement on it. $55k is a solid amount of money to start your journey. but turning that into $1M will be full of twists and turns and many years of making good decisions.

Think of a speculative bet on appreciation as an asymmetric trade with a large possible upside and a known, and limited, downside.  

Looking for something $2-$3 per sqft that will last a while and not feel "bubbly" when walking over it.Is glue-down LVP our best bet?

(I’ll cover the tax rules for vacation homes that are classified as rental properties in next week’s column.

I bet you'll sell.

Credit Unions and the big Banks are probably your best bets for a HELOC.

The loan amount on the property was way less than the appraised value so I figured it was a 'relatively' safe bet.