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Results (10,000+)
Brandon Ja Scaling with newer homes
21 November 2024 | 8 replies
Scaling is not an overnight scenario unless of course you have a lot of liquid cash to go through. 
Bruce Schussler To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
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!)
Jonathan Chan Thinking of becoming a private money lender? Vet your borrower properly!!
25 November 2024 | 16 replies
A solid exit plan reduces the risk of default.Check Their Liquidity: Even experienced borrowers can run into trouble if they don’t have reserves to cover unexpected costs.
Keegan Darby Keep or sell?
20 November 2024 | 5 replies
I’m probably preaching to the choir here, but you don’t have to sell (and incur transaction costs, potentially realize a taxable event, etc.) to generate liquidity.
Brandon Morgan buying second property
23 November 2024 | 9 replies
Sometimes I am honestly skeptical how some people scale to 100 units in three years unless they have a lot of liquid cash to spread around. 
Craig Daniels Use rental cash flow to pay down 6.375% mortgage?
19 November 2024 | 2 replies
I think paying off a loan with a high interest rate debt and adding to the principal is one way to stay liquid within the property. 
Deborah Wodell Fix & Flip or Fix & Hold?
21 November 2024 | 4 replies
The BRRRR strategy is always a great option, especially if you the liquidity to continue to purchase properties depending on how much you are recouping when you refinance.
Ray Hernandez Becoming A Short Term Lender?
20 November 2024 | 37 replies
I was so focused on the liquidity of it. 
Lucas Schlund How Much Cash Do I Need To Put Into My First BRRRR and How Much Should Be Financed?
21 November 2024 | 23 replies
So even on a small purchase of 80k and getting 85% leverage you still need to be 30k liquid to see the project through that's 37.5% LTV
Jerry Zhang Negotiating EMD with Seller
20 November 2024 | 6 replies
You could also explain that keeping more liquidity helps you address any potential issues quickly, which benefits both parties.