There is no prepayment penalty so they can pay as much as they want as fast as they want but the goal is to be comfortable while the Florida property cash flows.

Everyone has different cash flow goals.

so, what I want to do is to create passive income with cash flowing properties.

@Nicholas L. it does sound like alot but our logic is this simple buy properties with as many tenants as possible so if you lose one or 2 its not a major loss to the over all cash flow. and the house flipping is just for lumps of cash and something to be active in while the multi tenant units properties are cashflowing.

If you're just trying to buy investment property doors as fast as possible without a liquid cash position you might want to try to focus on value-add to create some cash flow or BRRR opportunity for your next deal. 

You also have another option of potentially a cash out refi on the condo depending on how the cash flow looks.

I had access to $280k through my HELOC ($130k), savings ($50k), 401k loan ($50k), and a personal loan ($50k).I didn't use the BRRRR method as much as I did work to find off-market deals, buy them cash for under market value, then refinance when I could.I still use this strategy and help other investors do the same since I have a super strong off-market deal flow and can't actually buy them all myself!

They airbnb it when they aren't using it and it pays for itself (not sure if it cash flows though). 

My partner and I know we will probably have to start small and have considered purchasing one or two properties ourselves this year to test this out- but our business is not at a place yet where we can afford to sustain the losses on a monthly basis (we are well aware that we will be cash flow negative given the rates and what we will be able to charge for rent). 

@David B.Mortgage note investing Not correlated to interest ratesCan provide steady cash flow Can buy older loans with low loan to value