Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

Another path might be a short-term solution like a bridge loan to fund your next acquisitions while holding off on a full refinance until rates or terms improve.Given your goals to scale rapidly, keep an eye on maintaining cash flow while growing.

With most hard money lenders - you will need funds to start the renovations - since they work on a draw system.

I am an investor who is now entering the market in DFW, I can close deals quickly and I have proof of funds, I tried all the Facebook groups to find wholesalers in Indianapolis and I can't reach them, do you have an idea how to reach them?

do you know how you will fund the acquisition? 

I have considered trying find deals and bring them to current investors to learn but not sure on how the Self-Storage Funds do Lead-Gen.. any thoughts or insight you can share with a fellow CPA would be much appreciated.

At the end of the day, I understand you want to keep a 4.5 or 2.5% mortgage however if you come to find out that by accessing those funds via a second mortage, your overall payments would be higher, it actually might make sense to refinance and use those funds to invest. 

What made this property extremely desireable to me was the 1 mi road frontage on two different roads.

Give the cost of money these days is around 7%, it would definitely be nice to have a paid off rental.7% cost of money sounds like a lot until you remember that it is actually the tenants that are paying it for you while your money is sitting in an index fund making 8%.

I’m a millennial, so figure people can google whatever they desire.