What about after the refi?

[Brayden Kelsch]

After purchasing the home and forcing appreciation, you hold the property for however many years and then eventually go to refinance to pull money out for your next deal. Let’s say everything went well, you leave with a healthy amount of capital for your next deal, and then what happens with the existing property that now has little equity? What does the liability look like after you’ve duplicated this process multiple times? Yes it’s nice to increase your portfolio and increase cash flow from having multiple properties, but all the properties you refinanced now have little equity? Doesn’t this just cause a chain reaction of increased liability from potentially never owning the properties outright? Or other problems with liquidating down the road to try and invest into larger real estate?