Not that excited about it from that perspective. 

Purchased all on foreclosure and have done really well from a cash flow and appreciation perspective. 

Granted Matt’s writing the book from an dealmaker’s perspective looking for private money, it seems to be sound advice.

I paid for a consultation so I could get a legal perspective on whether or not I was legal in doing this business.

He also outlines later on in the book how to account for big ticket capital expenses from a monthly budgeting perspective. 

I certainly have not met a lot of investor (millionaires or not) in the area, but I would be really interested to meet people and learn their perspective. 

I have been perplexed as to why it has been so difficult to find this type of loan product against a fully paid-off, cash flowing asset like the one our family partnership owns, but now I finally understand the lenders perspective. 

As a renter, its annoying.As a perspective future landlord, it makes me wonder.

If you want to conceptualize it from a different perspective, the loan rate on your primary should be the cheapest money you can get.

@Mehgan MooreAlso, from one perspective, paid off properties carry a higher risk than one with a large mortgage on it.