Secondly, if you haven't talk with your lender, you probably will not get an 80% loan up front, you may have to get an earn out.

While we still earn a respectable W2 income along with passive net cash flow from rental portfolio, the reduction in consumption has proven powerful in increasing our rental investment potential.  

You can gain experience in real estate, while earning more money to pay off your debts.

As  @Aaron Mazzrillosays - money earns you interest, knowledge earns you profit.  

The only downside in my opinion is you have to live in a smaller place (temporarily) however after a few of these you can see how you will be earning a pretty good passive income. 

This product is 10% to 70% off of the wholesale price thus gives you a potential to really earn your margins.  

They called them liar loans and basically they were funded by what you told them you earned and nobody ever questioned it or asked for any proof of income, bank statements or filed taxes. 

Pretax 401k contributions reduce your taxable income in the year of the contribution whereas Roth 401k contributions are made with after tax funds, but the earnings grow tax free. 

At the moment, our capital is sitting in a low-risk, readily liquid investment which is returning a 5.2% ... or it is sitting in USD money market fund earning squat (I just exchanged a lump this morning and made 22.5% thanks to our oil contaminated Loonie).As such, when we analyse any "deal" that comes our way, the opportunity cost of that capital is a minimum of 5.2% ... when you adjust for risk, etc. we end-up with a hurdle rate in the range of 6 - 9%.  

Spending the money just made me more determined to earn it back as quick as possible.