Sounds good man, I'll private message you now!

There are many ways to use this based on your own financial situation but from the sounds of it, using this 140k HELOC on BRRRR's repeatedly can be a great way to grow your portfolio and can keep recycling the money. 

Next steps in this scenario: 1) Asking the agent if the landowner specifically stated to reject offers below a certain dollar amount. 2) If the agent doesn't respond or responds with a no, notifying them of the ethics violation. 3) Notifying the brokerage of the ethics violation. 4) Completing the form for the violation with the local real estate governing board. 5) Submitting your offer directly to their client, and bypassing the agent--check local laws on this one, as well as the do not call registry, before doing so.

@Craig Ancier I hope you find my back story applicable for action forward because I was a lot like you it sounds, and I got my start right here in our same back-yard of Twin Cities. 

I just had to file an extension because I bought two properties last yr and my CPA was booked up and wasn’t able to complete my return due to me ‘not having my information correct.’

number one sounds like a mess.

So, a decent deal is likely to get better over the long run. given the high amount of cash needed for brrrr do you feel it would be better to start with a long term rental as an initial investment that has less risk involved The money needed to complete a BRRRR varies WIDELY from market to market.

Sounds crazy, I know.

On the podcast David keeps saying that house hacking is the easiest way to build wealth through real estate, advising to add one property each year paying 5% down.I'm theory it sounds great but in reality assuming you buy a property in the 500k range, there's no way you'll be able to make it cash flow which makes it hard if not impossible to actually scale and do this every year or two.What are your thoughts?

I'm Sam, I am completely new to this world and I am super eager to jump in and learn from the incredibly knowledgeable community in this forum.