Give us your recent deals, or best potential deals, and share what your goals are to help Dave walk through opportunities, and potential pitfalls of your deal(s)Feel free to submit more than one deal, maybe even submit multiple deals you're looking at and he can help you weigh pros and cons of multiple head to head!

If you want any guidance feel free to send me an email. 

.* Aiming to refinance with a rate-term dropping down to about $3,500/mo, so we could live for free.

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!)

Hi @Irma Leibas, we have a proprietary BRRRR cash flow calculator I'm happy to share for free.

Please feel free to message me with any questions about the area!

Feel free to PM me. 

Feel free to reach out for details

The 3rd mortgage is paid back now freeing up $200/unit/month cash flow and then when I’m able to pay back the 2nd mortgage it will go to about $350/unit/month.

I currently reside here and have been interested in structuring a partnership in order to structure my first deal, if interested, feel free to reach out.