It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.

I am not a big fan of this unless you can earn good money on the cash you pull out; and it makes things a bit illiquid.Conversely... paying off a real estate loan feels good, but at the same time getting cash out of a house that is paid for is not necessarily hard but can be a pain.At times I suggest that people run parallel for a bit... have your cash sitting somewhere earning 5-6% and have your loan charging you 5-6% (or less or more, I know, but...).

We did learn so much and can apply this knowledge to future projects and make great money off this knowledge one day!

My mom is in direct communication with the Managing Partner who promises every week that he’s going to send her money, but hasn’t paid a dime. 

😜)Sometimes the money I bring may be enough to buy the whole place, sometimes it will be the deposit, but in either situation it makes it real.Second issue, Fear.The biggest fear I always encounter is the fear that the debt owed against the estate will somehow attach to him/her personally.I find articles from attorneys that most closely meet their situation and while explaining to them that, “unless they personally signed for the debt, they will never personally responsible for the debt.”

I may used hard money for the BRRRR and my own funds for the other one.

Remember, that it costs money to refi...if its a small amount of juice to squeeze, I would just run your numbers to take a look at what makes sense for you and your journey. 

I am hands on managing remotely and only due to the low interest rates locked in during the pandemic and tax abatement I am making some money.

Those investments are super risky and if you have $200k to invest you don't get any additional mileage out of your money by having a $200k slice of a $50 million project.

All of this happy money will soon cease.