@Kelly SchroederI’ve done 5 cash out refis and used the $ to buy 14 good cash flowing houses, basically for free with no out of pocket money.

I’d recommend connecting with local REI meetups, following some BiggerPockets podcasts, and learning the basics of analyzing deals and creative financing.

Operate virtually by building a tight buy box for your end buyers, a basic lead form, and a proof‑of‑work log (photos, timestamps, owner contact confirmation).

If you never plan on having many properties, then a simple spreadsheet will suffice (KISS principle) Happy Investing!

In terms of how to start with no money-basically read every book, attend every meeting, drive every street in your target area, send mail to owners of properties.

I have an Excel model that takes basic inputs which includes 1 set of projected PITI payments and gives me an incorrect estimate of how the property will perform every time.

@Caleb Brown we had done a few in the past, it soon became basically everything that I invested in.

Once set up, it handled the basics well, but like any system, there are trade-offs depending on your priorities.

Great to find nice used artwork at these places.Although do not ignore Goodwill for basic stuff like dishware, glassware, counter appliances, etc.....You'd be amazed at what people drop off there when they're moving in a hurry.

Don't forget there is basically 3 ways to house hack..1.