@Andrew Weitzel the idea that you will spend cash so that you can refinance your property to get more cash out seems like flawed logic to me.

Seems like that would be the more logical way of doing things with all the variables in commercial deals.

I'm interested in real estate investing because it seems like the most logical way to earn long term financial freedom.

The source of our data is through Core Logic or RealQuest.While there are many ways to get data, I feel that Core Logic is the industry standard for real estate mailer data for all types of real estate, since they have a direct feed from 98% of the approximately 3150 counties in the US.

That can help at least have a logical POV on where you start.

@John Rooster, that does make logical sense, but I'm not sure how it works here in Florida.

You need to understand each formula and all of the logic that goes into it, to be able to make a decision based on the output.

In most cases i would assume you would want to refinance this in a few years, so logically the lowest down payment and potentially interest only loans, would be your best bet until the larger commercial property can be rehabbed.  

I understand what the rule says, but it doesn’t make any logical sense to me.

Should I find a mentor because of this logic?