Below, is the link to the "complete statute" for California Tax Sales, plus I extracted a portion of it for your review (the section that I believe deals with you question).

We extracted all of our initial investment out of the property via a refinance around 2 years after it was purchased.

Both allow you access to 401k funds while avoiding the taxes of an early extraction before age 59.I'm a cashflows guy, and the more clean cash flows, you can produce the better.

In addition, due to value adds and market appreciation, most of our properties have had all of our investment extracted (i.e.

I make millions annually transacting as a principal broker and owner of my company with clients.I also run a lean operation with employees extracting the most performance per worker.Many big companies tend to hire the crap out of every position having 30,40,50 people in the hopes they keep scaling.

Many will have extracted (through cash out refi) all of the post-correction equity those that bought this year are in worlds of hurt - paying tops into increasing rates.

The more active control you take over all aspects of your RE investments, the more value you will be able to extract from your properties, at least in the early days.