No cars, no lights at night.

I'm not saying there aren't cases where it's not the smart play but In my mind it's similar to people trading in a car they are upside down on making them further in the hole on the next car.

Last Friday he came to me at 3pm and said he needed $2K immediately and would sign over his house he owes $132K on to get it as long as we could do the other $29K in a separate deal with his 1980 classic sports car as additional collateral.  

It lets my family live on one car and repeat house hack with ease!

Im almost 53 with basiclly mortgage debt, no car, credit card or school debt. 

@Brent Coombs  good points in my BRRR days when I was HML to CA buyers who were then BRRR and taking 10 to 20k cash out refis in 90 days of owning the home and retiring my HML ( loved it from my perspective LOL)  the investors would get this money and you would think they would pop It into their reserve accounts.. but I suspect many a boat... .exotic travel they they deserved, new car, clothes Jewerly etc etc was purchase with these funds... lack of reserves kills investors... this is a classic example

All on the same roller coaster, but each individual car can bounce a little this way or that.

I believe I  may have found a potential deal $55,200 (foreclosure) 3 bedroom, 2 bath, 2 car garage, 1,477 sqft single family.

Unless you go with a local custom cabinet maker 99% of all cabinets out there are from China.

Downpayment on a nice car :)and Music Festivals haha