Apply that towards paying the balance down too.Do both of those things, and >90% of refinances will not leave you unnecessarily more in debt (in this case it's a cash out refinance, so it can't be avoided).Do most Americans do those above two suggested things, or do most Americans take that money and go buy shiny new objects with it? 

I own a property that is more historic than any other active American vac rental.

Did anyone see this???https://www.foxbusiness.com/economy/trump-cap-cash-out-refinances"Under the new policy, the cash-out refinance cap would be lowered to 80 percent of a property's value, down from 85 percent."
If...

https://www.foxbusiness.com/economy/trump-cap-cash-out-refinancesNot good for BRRRRing. 

Thus far I came with the following metrics:Rental Yields (historic and projection)Mortgage Interest Rates (historic and projection)The spread between the two aboveTaxes (Upon purchase, tax on rent and on capital gains)Tourism (trend)GDP per Capita (historic and projections)Median purchase price per SQFMedian rental price per SQFMedian Free income (after income tax)Nearby Hospitals (existing and planned)Nearby Airports (existing and planned)DoingBusiness Score (various criteria related to Real Estate )Population Growth rates (historic and projections)Nearby Public TransportationDivorce RatesAverage Marriage AgeJob GrowthHousehold Debt (trend and projection)Country Debt (trend and projection)Is there a financial institute that will refinance an asset I purchase at 75% LTV or more (implementing BRRRR)Owners:Renters RatioTenant or Landlord biased law systemHi Tech corporates planning to open HQs in the areaCurrency Inflation/Deflation (historic and projections)Construction permits (historic and projections)Constructions starts (historic and projections)New apartments soldNew apartments median priceExisting apartments SoldExisting apartments median priceTotal debt through Mortgages (historic and projections)Unemployment Rates (Historic and projections)Average number of dates a new/existing apartment is for saleOther demographic attributes and preferences of the locals Thanks,Alon

If you really understand your state and the full breadth of LLC/corporate legalities, there is NO POINT for a small investor to hold a rental in an LLC in ANY OTHER state.Registered agent.

There may be a personal guarantee stating that you will pay back the loan in the event your business defaults, but if you're buying the property as a corporation, then the loan will be made to that corporation and not go on your personal credit report.

He is now in South American with his wife and kids spending time abroad while the real estate investing portfolio is running itself.My goals for real estate investing is to start wholesaling locally, and possibly out of state in Cleveland, Ohio area (my wife is from there), to build my network with other investors and buyers and hone my skills when it comes to marketing, cold calling, and negotiating.

Many Americans seem to value the pursuit of money, goods and indebtedness, which could not lead us farther from the founding basis for the creation of this country.

Most LLCs are taxed as a sole proprietorship or partnership, but LLCs can also choose S corporation or C corporation taxation.Without an LLC or other business entity, your personal assets are at risk if your business is sued for something a co-owner or employee does.It is a good idea to start using an LLC when any of the following occurs.You want to buy residential properties with cash and you do not intend to refinance down the road.You want to buy residential properties using cash but not all of it is your cash.