![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/169235/small_1621421048-avatar-aanderson06.jpg?twic=v1/output=image&v=2)
5 March 2021 | 19 replies
I may want to refinance after one or two years because the Rental is producing enough income that I could get a traditional loan.Thank you!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1509909/small_1726010912-avatar-brandonc344.jpg?twic=v1/output=image&v=2)
4 March 2021 | 6 replies
Also, most reputable bigger brand firms have great tools, marketing, etc but you should also try to locate a solid office that does produce warm leads.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2071921/small_1621517906-avatar-mitch92.jpg?twic=v1/output=image&v=2)
27 March 2021 | 22 replies
Also, keep in mind that in my opinion, you would still be winning if your monthly housing costs went from $1,400 to $900… which would be the equivalent of producing an extra $500 a month in cash flow that you could save up for your next investment.Another way to increase cash flow would be renting out rooms in the unit you live in, either Airbnb or longer term.Best of luck and keep us all informed!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/707358/small_1621495811-avatar-kevinh164.jpg?twic=v1/output=image&v=2)
8 March 2021 | 8 replies
They must also pay for the cost associated with marketing and agent fees to produce a new tenant.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1072476/small_1621508434-avatar-alexn75.jpg?twic=v1/output=image&v=2)
6 March 2021 | 2 replies
Also, keep in mind that in my opinion, you would still be winning if your monthly housing costs went from $1,400 to $900… that would be the equivalent of producing an extra $500 a month in cash flow that you could save up for your next investment.Another way to increase cash flow would be renting out rooms in the unit you live in, either Airbnb or longer term.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1048457/small_1695314885-avatar-jimh145.jpg?twic=v1/output=image&v=2)
6 March 2021 | 5 replies
My long term goal was to build enough capital to purchase an income producing property without borrowing any money !
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/51583/small_1621411531-avatar-jeff1.jpg?twic=v1/output=image&v=2)
8 March 2021 | 7 replies
If it produces positive cash flow then why not hold?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2015944/small_1705353754-avatar-briannab29.jpg?twic=v1/output=image&v=2)
9 March 2021 | 8 replies
Is this a correct way of thinking, or should I buy anything that produces cashflow each month?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2015944/small_1705353754-avatar-briannab29.jpg?twic=v1/output=image&v=2)
1 May 2021 | 1 reply
Is this a correct way of thinking, or should I buy anything that produces cashflow each month?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2085311/small_1650480218-avatar-kellym292.jpg?twic=v1/output=image&v=2)
26 March 2021 | 45 replies
Look for one with a great track record of producing and ideally a short term to full payout so that you can pivot as you learn.