@Chris BerryYes, that is one of the greatest tool for real estate investing.You can show it to lenders to get low rates and quick loan from reputable lenders.

Those tenants that do not provide me with post dated checks quickly get on board when they forget to pay the first time and are hit with a $190 fee for non payment.

About two months after the payoff, I received another offer from the same lender, offering $200,000 at a reduced rate of interest since I was a ‘preferred’ customer.

The personal loan will be paid off in less than 4 years too.On the other hand, if I pay off the $6800 on the credit card, I could move the personal loan to a 0% interest credit card and pay that off quickly too.

Someone is giving you a million dollars to build a company and invest for a quick ROI, what's your plan?

It does kind of stink if you are trying to buy them both at the same time but still being able to scale the quickly is awesome even if you have to wait the year in between.

U may be able to do a quick flip, let me know if interested...

I can completely understand if someone was investing in a hot market and using it as a tactic to lock the property up quickly. 

Thanks everyone house went under contract quickly will be closing in a little over 2 weeks..Investors let's work!!

But at that point the type,  required effort and looming unknowns can turn it quickly into anything but a cash flowing passive instrument.