All Forum Posts by: Ash Ketchum

@Ziad Hamati that makes sense. Not close to retiring. I have family living in it currently but they will be moving soon, so turning it into a rental.

In terms of running the numbers, would I treat pulling out the cash like looking at a typical real estate investment? Accounting for loan payment, insurance, taxes, property management, etc?

Hello! I have a SFH that I own, with no loan on the property (purchased a long time ago).

I'm looking into getting into other investments and not sure how I should proceed.

Is it worth doing a cash out refinance? The amount I'd pull would be based on the cash flow and term/rate I can get. Thinking I can use the loan for buying other properties.

Or is it typically better to just cash flow from the property in its entirety without having to pay a loan. 

I understand time value of money and having cash now for investments. But I want to maximize the return as much as possible. Is there a certain metric I should focus on with this scenario in mind? 

Has anyone done anything similar? With a positive or negative outcome? Interested to hear from both sides.