Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

196
Posts
130
Votes
Eric X.
  • Real Estate Agent
  • Naperville, IL
130
Votes |
196
Posts

Cash out of Primary or cash out of investments?

Eric X.
  • Real Estate Agent
  • Naperville, IL
Posted

Hi BP members! I just want to get feedback on which is the best route to take. I typically pay for properties cash and I usually leave the cash in the houses I get unless I need the cash for another project (Think of it as a delayed BRRRRR) I have fairly strict criteria so I don't pick up 20+ properties a year but I usually try to to get anywhere from 2-5 annually.

My question is whether I should take cash out of my primary property (no mortgage  ~ 550k value ) 30 year at 3.635% or if I should cash out of some of my rentals (180-250k give or take depending on which one) 30 year at 4.125%.  

I can't deduct interest from my primary but I can from my rentals.  Is it as easy as just taking into account the interest deduction? 


Not really in need of the capital but want to make sure I make the right decision when the time comes.

Loading replies...