Kudos to him for doing it, but his rules and his dogmatic approach is also the same thing that made Open Door Capital a horrible venture because they skip over being pragmatic.

if you're relying on the rent to cover everything all the time 100% then you're not well capitalized enough and you shouldn't start investing yet.

Then determine if you have and are willing to risk the necessary capital, time, and commitment.3.

If you can find the right deal at the right price, there’s a lot of equity and appreciation to capitalize on.

Benefits for Real Estate InvestorsLeverage for Growth: Use business credit to fund renovations, marketing, or even bridge financing, which keeps your personal capital available for other investments.Personal Credit Protection: Business credit utilization doesn’t appear on your personal credit report, avoiding hits to your personal score from high balances.Larger Loan Opportunities: Over time, established business credit unlocks higher limits and better terms for larger investments.Potential Challenges and TipsSlow Start: Building business credit takes time.

The $450K will be returned to me as payback of my loan to the intermediary, without trigger any capital gain taxes, right?

Like what Joshua said, purchase price, closing cost, and agent fees are capitalized.

In most Ohio markets, investors can achieve solid cashflow with much lower initial capital investment.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Protect your capital, and keep building.