For those who haven't read it, Part 1 is about building up your first $25,000+ in cash or equivalents through a frugal and economic lifestyle, or as David Greene would describe it, through good defense.Now that I've gotten to this point, it's time to move to Part 2, which is using what I've saved up to start building up income producing assets and scaling my income so that I can go from $25,000 to $100,000 in net worth.

Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proThe site has quite a few tools that can be helpful for new members.

Talk with a lender during pre-approval on their cash out products and criteria. 

How much will this lower your monthly cost to and how much is the other unit gonna produce towards the mortgage. 

If not, you'll pay over time with a loan product that verifies income with bank statements or something similar that carries a higher interest rate.Best of luckStephanie 

You would be purchasing a completed property that is being designed as an investment product. 

And if that LO you are speaking with is not a top producer, but a barista-turned-loan-officer, due to the events of 2020 (I'm not saying that in a negative way, a LOT of baristas got into the mortgage business after March 2020, and guess who is most likely to mis-quote the >6 property hit? 

@Mark Berge - If you have 4 or less financed properties, then you are eligible for Freddie Mac's choicerenovation product.

There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/

If you had little to no debt (DTI: 5%-10%), currently renting, your initial REI goal was to fast track your way to be able to quit your 9-5 job with replacing it with positive cash flow, main goal was to acquire as many doors as you could, had 100k to start, and still had cash for reserves…Would you continue renting and or seek out a primary residence where you could house hack (keeping your DTI low, so that your able to still acquire rentals) or would you first acquire income producing rental properties and then use that income to eventually help you qualify for a primary residence?