How to Use a Cash-Out Refinance to Build Wealth in Real Estate #shorts

How to Use a Cash-Out Refinance to Build Wealth in Real Estate #shorts

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I recently used this strategy, receiving $80,000 from my bank. With a cash-out refinance, you can leverage your property's increased value over time. Here’s how it works: after buying a property for $50,000 with just a $10,000 down payment, you can wait for it to appreciate. When the value reaches $100,000, you can borrow up to 80% of that new appraised value. That’s $80,000 tax-free cash that you can use to invest, purchase another property, or even fund your lifestyle!

The best part? The rental income from the property covers the mortgage and debt servicing, leaving me with a positive cash flow. I show you how to repeat this cycle to grow your real estate portfolio and live off the assets you own. Watch now to learn how you can make real estate work for you and achieve financial freedom. #CashOutRefinance #RealEstateInvesting #FinancialFreedom


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Did you miss our previous article...
https://realestatevideos.club/How-to-Buy-a-House/ways-to-finance-a-home-renovation-or-upgrade-project-part-1