That’s a good move if you want to scale without triggering taxes.If you cash-out refinance, you won’t pay tax on the money you pull out because loan proceeds aren’t taxable.

Esteban, it may be slightly different because I target multi-family buildings, but I always look for a value-add deal with the intention of holding long term.

Buy and hold has its benefits if you can get the money back. 

We're largely leveling out as a market.

They fill out an app, and they have enough income for the place.   

Hold the note when:The borrower’s solid — consistent pay history, low maintenance, and solid collateral.The yield beats what you can safely earn elsewhere (say, 9–10%+ on a performing note).You want predictable passive income or you’re in a tax situation where recurring income makes sense.Holding gives you stability — monthly cash flow and a nice amortization curve that quietly builds equity.

You could certainly try to hold the vacating tenants liable for the remaining balance of the rent due, but in practice it's going to be difficult to actually enforce.Double check your lease about occupancy limits but yes you can set a limit for how many people occupy an apartment you own.

Hey everyone,I’m a newer investor exploring out-of-state markets in the $100K–$150K range and trying to figure out the best way to start.

.: I was asked by a couple of people to compare doing a Buy & Hold Rental using conventional financing and buying Subject To with selling to a Tenant Buyer and what that would look like.This is an actual deal I recently did.

Investment Info:Single-family residence buy & hold investment in Laguna Hills.