All Forum Posts by: Zaid A.

I feel stuck in a similar situation, I have $1M in equity in this house that I'm living in and renting the mother in law apt next to it , the problem of course is the 7-8% interest rates , have they not stopped the BRRRR technique in its tracks ? And are cash out refi's at an all time low? I don't know but would love to hear some feedback, everybody's market is unique , I'm in Colorado…unless you make a big undermarket buy when you refi (possible but not easy in this market ) how else can you tap into equity , scale up and cashflow ? I'm thinking of selling while prices are still high , and paying cash for a multifamily or 2 separate properties to get a better ROE than I have now, however .. if I'm patient rates will come down in a couple years , not to 3% , but perhaps that's my better strategy , then I don't have to sell and pay capital gains, I can rent this place out & buy another with a refi at 5-6% is my guess - thanks !

All the best

I’m actually thinking the same exact thing, interest rates are too high to tap into equity, I’m thinking of selling a couple of my properties and buying a multi family with high ROE honestly that’s what’s been on my mind as my best option in the last few days! Will interest rates go down ? Hard to tell! When ?? That’s the real question

0 Votes

Dayton, Ohio

Hey guys, I’ve been building a portfolio for a few years of commercial and residential properties, it’s been goin great so far until I feel like I’m running out of cash to buy new ones, currently I’m flipping some properties one at a time to make money to buy more rentals, my problem is when I’m done rehabbing I feel like I want to keep them and rent them out! Everything I have is paid off! What’s the best way to pull my money out of them ? I wanna buy a big multi family project!

1 Vote

Dayton, Ohio

All Forum Posts by: Zaid A.

Zaid A. has started 1 posts and replied 2 times.

Post: Financing paid off properties ?

Post: Financing paid off properties ?