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425: Financially Free in 4 Years by Making One VERY Smart Money Move

BiggerPockets Money Podcast

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How to Maximize Your Cash on Cash Return

I found that 203 K loan and I was like, that is going to be I'm going to be able to get an equity gain in this thing. And then I went to even on the financing side, I didn't have all the capital to bring to the table. So for me to close on this property, I had 10,000 in savings that I used. I borrowed $8,000 from my dad. He gifted me 8,000. Then I bought him out of that 25% equity six months later. I paid him back 12 K. so he got a 50% return on his money. That's absurd. But you can because it changes everything. Not being afraid

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