Refi Cycle for Early Retirement

[Ryan Field]

Since '13 I've been executing a plan to invest in appreciating properties and then 1031 those to cash flow properties for early retirement. Wondering if it's a feasible option to keep the appreciation properties and just live on a cycle of cash-out refis -- just take cash out at a slower rate than the appreciation and deferred tax liability. Has anyone done something like this?

[Kyle McCorkel]

That sounds eerily similar to the 2000-2007 REI mentality...and I don't think it worked very well for most of those people. It seems to me you would really be depending on constant appreciation....what happens if/when lending dries up?

I like your original plan to 1031 into cash flowing properties though.