This is How Wealthy People Stay Wealthy! 🤯
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Video via: @freshandfitpodcast
FOLLOW @waysforwealthy for daily business content!
Video via: @freshandfitpodcast
waysforwealthy
2024-03-30 17:44:14
okay then leverage you put twenty thousand dollars into the property to fix it up which is value-add which is what you can do with discussing that property now goes up to two hundred thousand then you can go ahead and do a cash out refinance and you could pull out what seventy percent a lot of the time it's ib yeah so i'd say it's worth two hundred thousand right so easy numbers i'll get one hundred forty thousand dollars one hundred forty thousand dollars that you get out of that property purchase guys remember you only put in about forty thousand dollars of your own money into the deal now you're getting one hundred forty thousand out you can take that one forty tax free which is the key and roll it into buying another asset that's gonna make you more money you're saying all the alternative ways
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