![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1775668/small_1651945373-avatar-joes731.jpg?twic=v1/output=image&v=2)
21 November 2024 | 6 replies
. :) dont know the answer but if I was guess there is probably some lenders that do it with sufficient equity.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3140096/small_1730156070-avatar-ciand2.jpg?twic=v1/output=image&v=2)
29 October 2024 | 4 replies
I’m new to the community as well as real estate investing.
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!)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/468738/small_1636030285-avatar-lorib25.jpg?twic=v1/output=image&v=2)
29 October 2024 | 131 replies
Please be cautious and discerning.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3148569/small_1734638807-avatar-russellf59.jpg?twic=v1/output=image&v=2)
21 November 2024 | 2 replies
Are you in the process of taking the licensing class now?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2681763/small_1694573096-avatar-charlesc470.jpg?twic=v1/output=image&v=2)
25 October 2024 | 3 replies
Please let me know.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/952794/small_1694950300-avatar-karls29.jpg?twic=v1/output=image&v=2)
28 October 2024 | 9 replies
Hello to the BiggerPockets community.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3028777/small_1716509846-avatar-thomasm877.jpg?twic=v1/output=image&v=2)
21 November 2024 | 7 replies
The Fed’s moves often ripple through credit markets, and the jump in the 10Y yield has definitely hurt affordability.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3135571/small_1729122446-avatar-bobb469.jpg?twic=v1/output=image&v=2)
29 October 2024 | 5 replies
If the only issue is with who pays attorney fees, that doesn't void the whole lease agreement.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3075212/small_1720905588-avatar-annec83.jpg?twic=v1/output=image&v=2)
29 October 2024 | 11 replies
I started investing at the age of 47.