List of Exit Strategies

[Scott Ray]

I’m an avid podcast listener and have been researching and learning in order to delve into the world of real estate. Multiple podcast shows recommend having “multiple exit strategies”, but outside of selling, renting and leasing, what other exit strategies would be available? I currently don’t have any properties and I’m simply gathering knowledge on the process. Thanks all!

[John Warren]

@Scott Ray my personal favorite is the cash out refinance. If you buy a really great deal, you can get all or most of your initial investment back by taking out a mortgage that is larger than your initial one. This strategy lowers your cash flow a bit, but it also can help you keep your money moving as you are growing a portfolio.