Others don't start until later in life, after they have already accumulated a significant of wealth they want to keep protected.

I'm always fascinated with the amount of junk/stuff people accumulate over time and the before/after pictures after a clean up. 

Its the big time CPA/accounting pro's who have accumulated enough clients where there is risk of losing their license that will shy from this.- show 2 years business licenses in the field you're in ( Bar card for attorneys, real estate licenses, cosmetology licenses, etc, etc)- 2 years business licenses from the city to show you're a landlord or whatever business you're in- show state print outs stating your license statusAt the end of the day this requirement is just something to verify your employment in lieu of calling the employer to verify because typically with W2 employee's lenders can call the employer to do a verification but with self employed people they cannot so they require the above.

Then do a house hack and live in one unit and rent the others out to cover the mortgage.With a 70K salary and living home for free, you should accumulate the down payment relatively quickly.

My degrees helped me get good day jobs that allowed me to accumulate money to buy real estate. 

If you read - it’s was part of the accumulation of issues that happened in the last four months.

If you have two rentals that generate $200 in phony cash flow (the cash left after your PITI payment, what you pay yourself for PM, your profit and anything else you have to pay each month), then you can accumulate $400 a month from these two properties when things are going OK.

This is why I wrote earlier in the thread that whole life can be borrowed against in the early years while IUL is meant to accumulate for future goals.

Very good strategy to accumulate properties while having your rent paid.I also agree with Jerry, use your VA loan as it will be the best financing terms and it's buying with little to no money down (what every RE investor is looking for).

This will allow you to wash rinse repeat with the Brrrr method to accumulate properties.