Infinite Return on Investment
How did I get a rental property with an infinite ♾️ return on investment (ROi)? It’s simple really. I bought this property with a HELOC (Not my own money), renovated it with that same HELOC (not my own money), rented it out. After the bills are paid, I️ make about $600 a month on this property. To open my credit line back up, I️ did a Cash out refi with a DSCR lender. I received back all the money I had into the deal and a little extra and paid off that HELOC (none of my own money). All without using any of my own money. Infinite ♾️ return on investment!
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