🎯 I get it, though—pulling the trigger on the first deal feels like stepping off the ledge.

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!)

*Please note: As Dave mentioned, not all REITs allow for ongoing depreciation, but some do. It's

What do you mean by underground? 

How is the Japanese economy doing?

Has it slowed?

I need to do some more research and potentially save some more money so I won't run into as many challenges. 

The same thing EV owners that live in an SFR have been doing for 10 years?

It would be more like $5500 per month...and that's just the P&I.  

A very unique experience and I'm happy to have been a part of it.