All Forum Posts by: Brayden Zender

If you don't want to keep the property for the coming years, it may be better to do a 1031 exchange. If the property can cash flow or has potentials for appreciation, it would be a good idea to do a cash out refinance and move on to the next property. Would that property cash flow if you were to do a cash out refinance?

We are currently cash flowing around $900 a month. We would have trouble cash flowing if we were to do a cash out refinance with the current interest rates. I anticipate the area having good potential for appreciation, but am also willing to consider a 1031 if that is our best option. Would a HELOC be a decent option in this case?

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I am 22 years old from NW Washington. I currently own a 4 unit rental property in Mount Vernon, WA, that I bought with a partner. We remodeled 2 of the units and have done a substantial amount of work around the property, and we have roughly $270,000 in equity. We are wanting to continue to scale, however we are unsure of the best way to go about it and what the next steps would be. Prices are very high and cash flow is hard to come by in our area. We are open to investing out of state. We are fairly inexperienced so any advice is appreciated. What is the best way for us to grow our portfolio. Thanks in advance.

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All Forum Posts by: Brayden Zender

Brayden Zender has started 1 posts and replied 2 times.

Post: How to scale after your first property

Post: How to scale after your first property