Its a smarter move, I barely have to put much money down, can keep more in my pocket, could even pull a little more money out of it for "repairs" to put even more money in my pocket, by the time I'm ready to refi or heloc, I will have a decent chunk of change already in my pocket, so can simply add right to it and be ready to roll.  

I dont pay their large fat check commissions to simply get quotes and contracts, they need to give me knowledge and make me understand legal and coverage consequences.

So we started small simply by buying our next home and keeping our first one and renting it out.We are fortunate that I have a background in property maintenance and my wife has a business background so we are able to manage the property ourselves with a good attorney in the beginning to make sure our lease was good and we used a tenant screening service, sure we made a few small mistakes here and there but we fixed them and stayed the course.

What I discovered is something I have never seen anyone speak about on Bigger Pockets (I am sure someone has discussed this I just have not seen this idea discussed at all...or anywhere in my short research period on cash flow and real estate properties.We hear everyone speak about Cash Flow, NOI, Cap Rate or Cash on Cash returns.. however I think there is another important benchmark for investors to consider when deciding their down payment percentage and financing levels because of their effects on cash flow...Capital Cost per $1 of Cash FlowOne of the most illuminating aspects of real estate investing is financing isn’t bad...Having spent all of my life not accumulating debt this has been a difficult psychological barrier to break through.

The borrower can simply refinance the loan or sell the property.  

Below, are three of the most popular niches that you might want to explore to see which one grabs your interest.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)Additionally, in the interim, simply bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Continue to feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two wayexchanges and look forward to educational, thought provoking ideasrelevant to REI.

There are likely quite a few others out there that missed this warning in their alert as it simply blends in with the rest of the text.

I simply had to ask how they afforded this lifestyle; how could they pack up the whole family and travel for 11 months?

I know of many homes that are booked 100% of the year in small backwater towns, 30 minutes away from everything simply because it has 9 bedrooms and almost as many bathrooms.

The more I learn, the more I discover there is to know, as there's WAY more to flipping than "flipping knowledge".In anticipation of me actively acquiring a rental (hopefully already occupied), I'm actively reading 'Landlording on Autopilot'.