All Forum Posts by: Justin S.

Should I refi as high a percent as I can to have cash now or just cost ?

I have successfully completed new builds of two triplexes in rural Ohio. Total costs including property are $285,000. One refi is complete at 147,000 and I plan on the same number for the second. Renting each one bed unit at 700 per month no utilities included in rent . Current strategy is keeping payments low and cash flow high. Any thoughts on if this is the best way to do it ? I have room on this property and another I purchased across the street to build 4 more. I own a small construction company and am doing all of the work myself. I have quit my w2. I am 36 hoping to semi retire at 40.