Show030: One Strategy to Maximize Your ROI

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On Show 30, Emily and Kirk are focused on sharing one strategy for investing in rental property that can help snowball your portfolio and maximize your return.  Getting a Cash Out Refinance on a property you financed or paid with cash can ultimately allow you to own a property free and clear within a few years and be making an infinite ROI.

How?

If you've bought a property and plan to utilize this option, they share with listeners about how to force appreciate and the timelines for being able to implement this strategy.  While they stress the importance of doing your due diligence and making sure that your 'ducks are in a row' before you get the property to ensure that you will be able to get your money back out of the property and roll it into a new property to add to your portfolio

We'd love to hear about your concerns about cash out refinances and hopefully any tips that you have as well. Leave a comment below.



What You'll Learn...

 

What is a cash out refinance

The timeline in which one must follow to use this strategy

How it can be beneficial to a cash buyer

The importance of getting a property below market value and forcing appreciation

How they've used this strategy in their own investing and seen success

 



Resources Mentioned In The Show...

Show013: The Snowball Effect- Growing Your Portfolio With This One Tip

RentalRookie (redesigned membership site sign up) 

HUD Properties (distressed property search)

 

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