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Updated over 8 years ago on . Most recent reply
Is My Money REALLY working for me?
Hello everyone!!!!
I currently have 3 occupied rental properties. 2 of them are paid in full. I am renting them all out and enjoying the benefits. However, I have a question for you seasoned renters out there.
Would I make more money if I took a cashout refi and utilized it for more properties? ... or would I be better off using my existing income from my current properties to purchase real estate slowly?
Probably a stupid question (Yes there is such a thing), but I figured I'd ask :)
Most Popular Reply

Your money isn't working for you. It lives in one of the bedrooms of each of those houses. Get it out of the house, and make it get a job.