Should you cash out refinance your property to buy a rental property? Using a cash-out refinance to buy a rental property isn’t always the best option, but sometimes it is. That’s why in this video I am going to share with you that factors that I recommend considering when you’re trying to decide whether or not to do a cash-out refinance on your property. I’m also going to share with you a secret that’s guaranteed to contribute to your success – so be sure to stick around to the end and check out even more resources linked below.
🎦 The 5 Profit Centers of a Rental Property https://youtu.be/4axfYg7xZhI
🎦 Using the 5 Profit Centers to Evaluate a Rental Property https://youtu.be/DKxne6521ss
🎦 How to Access the Equity in Your Property https://youtu.be/UUBeYnwp7rU
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For even more real estate investment tips, pick up my book on Amazon and check out more of the great resources linked below.
📚 NOT Your How-To Guide to Real Estate Investing: Life Lessons on Hacking Your Mind Before You Hack Your Wallet* https://amzn.to/3gLGRh1
📱 7 Rookie Real Estate Investing Mistakes & How to Avoid Them (FREE Digital Download) http://b.link/7-rookie-mistakes
🤝 Join the EXCLUSIVE Turnkey Rental Properties Facebook Group http://b.link/Turnkey-Properties-Facebook-Group
and find me online with Hipster Investments at https://www.hipsterinvestments.com the GO-TO website for turnkey rental property investing!
Short on time? No problem. Feel free to skip ahead in this video using the chapter links below.
00:00 Pros and Cons of Cash-Out Refinance
01:08 Calculating Your Rate of Return
02:33 5 Profit Centers of a Rental Property
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