All Forum Posts by: Aaron R.

Hello Jaycee, I would say around $250K in the current market... All of our properties we have had for 5-10 years, so lots of equity. We just think by taking cash out nontaxed and still cash flowing, while still having tax benefits, seems like a good idea. We plan on doing this every 5 years once we gain equity back. I figure never sell the cow when you can get the milk for free)

We are needing to refinance a loan that is maturing. We have a lot of equity in the properties under the loan. We don't plan on growing our portfolio anymore. We are thinking about taking out 100K for personal expenses once we finance. We would still be cash flowing after the higher loan percentage and after taking out the cash. Also, after our other loans mature, we plan on doing the same to subsidize our retirement. We plan on doing this every 5 years or whenever or loans mature. Our thought process is to never pay off loans to maximize tax benefits from income and also take out interest free cash. Rinse and repeat... What are your thoughts.

We currently have multiple loans for our 19 single family homes. Also we both have full time W2 jobs.