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You just don't buy the first thing you see, and you only buy if the vendor will accept your terms. Make that clear to the agent. It works well if you stick to your guns 100%.

Well depends on what you want to get from life and how soon. I see your point now, didn't know you were talking about financial independance. But I will say that many have done it in 10 years, let alone 20-30. Just depends on how hard you go, luck, and how you go about it.

Regarding the 30 yr ride, I'm not sure what you guys mean? It would take an investor around 10 years to achieve $1 million equity if they held a $1 million portfolio 10 years prior. Not 30 years I think thats quite standard.

In regards to the 400k cash deposit in exchange for 800k over 10 years is extremely low. In many cases, the investor only makes one initial deposit and uses equity for all other purchases. Meaning they have only used a very small amount of their own money (first deposit and whatever holding...

What he said, and thats being conservative. Talking bout the $2M-$2.8M in 10 years. It could quite realistically look like $2M-$4M in that 10 years. But people have never believed property could double in that time.. :) But look what happened! ;) The only notion that will change these rough...