Missed this instruction: Hi all, I am Traci S. - Currently a beginner with 0 deals + counting! - I am focused on a split between Buy & Hold & BRRRR for family legacy and business use - My 90-Day Goal: Finish the program and hit credit goals. 6- month goal: buy 1st property and register company - One Constraint I'm Currently Facing: Time but not focus! I know we are all busy, but I'd love to read others!

Community -- let's celebrate @Tomick Copeland on the close of his duplex. And then let's break down the strategy, because this is a move every investor with existing equity should understand. Tomick came in with a single-family house and equity built up in it. The default path is to sell and redeploy the capital. That works, but you lose the asset. Here is what we did instead: Step 1: Cash-out refinance on the single-family. Pulled the built-up equity out of the property. Kept the house. Step 2: Used that capital toward the DSCR loan on the duplex acquisition. DSCR lenders underwrite on the income the property produces -- not your W-2. The duplex qualifies on its own rental income. Result: Tomic went from 1 door to 3 -- a single-family and a duplex -- without selling anything he already owned. He stacked instead of swapped. Big shout out to Zach Stearns and his team at Element Mortgage for structuring this deal. Zach, you are a force multiplier for this community. Beast Level context: this is L4-L5 thinking in action. The Lion Hunter closes the first deal. The Bull Builder looks at existing equity and asks 'how do I leverage what I already have?' That question is the mindset shift. Discussion question: If you already own at least one property, do you know how much equity you currently have in it -- and have you modeled what a cash-out refi would look like as fuel for your next acquisition? What is stopping you from running those numbers this week? Drop it below.

Community -- let's celebrate @Jonas Lamont on the close of his third investment property in two years with Raise the Standard Real Estate and NextHome My Way. Three in two years is a portfolio. Let's break down the strategy. This acquisition was a cash purchase. And I want to address the misconception directly: cash in a deal is not dead money -- it is the first move in a sequence. Here is the full strategy, step by step: Step 1 -- Buy cash, below market. Cash offers close faster and negotiate better. Sellers accept less when they are not waiting on a bank. You acquire the asset at a price that creates room to build equity. Step 2 -- Renovate to force appreciation. This is the inflate phase. You are not waiting for the market to bring the value up -- you are manufacturing the value increase through the work. The goal is to create a post-renovation appraisal value meaningfully higher than your all-in cost (purchase + rehab). Step 3 -- Stabilize. Get the property leased at market rents. The DSCR lender underwrites on actual income -- so your rent needs to be real, documented, and covering the debt. Get a lease in place before you go to the lender. Step 4 -- DSCR cash-out refinance. The lender appraises at the new, improved value. They underwrite on the property's rent income versus the proposed debt payment -- your DSCR. If the numbers hold, you pull your original capital back out through the refi. End state: Jonas owns the property, it cash-flows after the new debt service, and the capital he used to buy it is back in his hands for the next acquisition. He did not spend that money on a deal -- he cycled it through a deal. Beast Level context: this is L5-L6 execution -- Bull Operator moving into Dragon Strategist thinking. The Lion buys a deal. The Bull builds a system. The Dragon builds a capital cycle. Jonas is running the cycle. Discussion question: If you have cash sitting in a current property -- or cash available right now -- do you know what your post-renovation ARV would need to be to make a DSCR cash-out work? Have you run that model? Drop where you are in the underwriting on your next potential move below.

Looking forward to meeting in person tomorrow everyone! I hope I’m not the only one who has questions on the homework omg! Catch up is real but exciting!!! Is anyone else finding any hiccups with catching up!?

Are we supposed to post on homework on these posts? I do not see a separate Aspire Council. Thanks!