It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.

🤔 I just lost money reading this thread.get it leased up and move on.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

My mom is in direct communication with the Managing Partner who promises every week that he’s going to send her money, but hasn’t paid a dime. 

I am not a big fan of this unless you can earn good money on the cash you pull out; and it makes things a bit illiquid.Conversely... paying off a real estate loan feels good, but at the same time getting cash out of a house that is paid for is not necessarily hard but can be a pain.At times I suggest that people run parallel for a bit... have your cash sitting somewhere earning 5-6% and have your loan charging you 5-6% (or less or more, I know, but...).

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.

Remember, that it costs money to refi...if its a small amount of juice to squeeze, I would just run your numbers to take a look at what makes sense for you and your journey. 

All of this happy money will soon cease. 

Good option for getting money for further investing?