In real estate there are a couple things rookie investors notice pretty quickly:- Paying cash is more attractive to the seller and tends to get the deal closed sooner (which could translate into a discount or winning when there are multiple bids)- Refinancing (pulling the money out) becomes more painful if paying cash, many banks don't offer delayed financing (https://www.fanniemae.com/content/guide/selling/b2...) and those that do require more hoops to jump through, require 70% loan instead of 80% and don't allow you to extract repair costsI've actually been bitten by this refinancing issue with my first purchase in Chicago.This really hurts rookie investor's ability to start acquiring properties because we don't yet have good connections with hard money lenders/portfolio lenders, enough extra cash of our own to buy multiple properties outright, or enough properties purchased to stagger refinancing such that this doesn't affect us.

As in any opportunistic or value add opportunity, the investor extracts value when they make the effort others won't or don't, and are willing to put up capital up to the point when it starts to become uncomfortable.If you like the possibility of owning this property then I would suggest you spend whatever my minimal amounts are required to get comfortable before the auction, not full due diligence just enough to answer any nagging questions, and then make your initial offer.If the bidding starts to run up from multiple buyers then move to your next comfortable price.

So seems like the First millionaire training by Josh n Cody is a collapsed version with extracts from Fast track.  

They say you can get 46% ROI by buying cash then using a equity loan to extract all your money you invested in the property. 

Your return will become infinite if you can extract money in deal.  

If the land is back in the woods or off the beaten path some where other types of development would not find it as desirable then the cell tower might be the answer.If you have a great piece of land in high demand then pushing the tower off to the back on a corner with a small access road might let you keep your other land to extract value out of.Would really have to know the address, how large the land is, topography of your land, etc.     

It sounds like if you just have steady rent growth and not much equity growth in your market then unless this property is sitting on a bunch of land with value you are not really getting much out of it.If you have additional land that is not needed maybe you could parcel off and extract value that way.       

It is basically coyote extract.

@JoAnn Dorio@Jason Dillard is correct, but as a professional I wanted to add confirmation.The only way you can extract value from an IRA is via the process of a distribution. 

I filtered the list down to just individual owners and extracted their first and last names somewhat accurately using excel formulas.