In one part of the book, David Greene mentions that the home must be purchased with cash, but then later he says it is possible to finance the purchase using alternative methods (private money, hard money, etc.).

You Tube and other platforms have made it possible for a lot of these types to enter the space They shill crypto, supplements, only fans and now real estate.

Not the smartest move by the seller, but it cuts down on buyer competition, which is in your favor. include something like this: Offer is contingent on buyer walk through of the entire property within 3 days of acceptance to buyers satisfaction, otherwise buyer may declare this offer is null and void via written notice within 5 days after AO. 

You can automate the entire management and leasing process3.

@Tyler Kowalczik- thanks for the post ....1) get pre approved for a nypotehtical  scenario  so that  you  can make sure you can get  financing and also  so you  can  become familar with the process  2)  you will need a  down payment of  15% or more   3) once you know what a  possible  realistic  loan payment  looks like - do your  reserach on  what  rental incomes  are  realistic  and  this should help with your  decsion making .....the prices are  high in LV ...Port angeles  or  P townsend  might be  better ......consider  Kitsap county  ( although its  been  increasing in value )

Depending on the location, 80% LTV as a Rate & Term refi should be no problem and 80% as a cash out is possible but would depend on the other deal factors.

Ask lots of questions and absorb all the material possible.

Hello,I am reading a Multi-family millionaire book right now, I am curious if it is possible to make cash flow in San Jose by living in a multi-family unit and renting out another.

Option 2 entails exploring refinancing possibilities with other lenders offering BRRRR-friendly mortgages without such clauses, albeit with potential additional costs.

Tenants almost never fulfill the entire term, the Landlord gets lazy with keeping an eye on things, rents rarely keep up with the market, etc.I do leases one year at a time.