ilmscore | Prediction Details
"now what happens is you get to refinance against this property so if you do the same thing and you pull out some cash let's assume that you pull out 1.1 million... and that still leaves $100,000 that now you can put in your pocket for putting this deal together and remember this is taxfree because this is debt"
By Minority Mindset | June 9, 2024 | Pending
From video
How Rich People Use Debt & Taxes To Get Rich(er) 00:16:31 - 00:17:08
Interpreted Prediction
Real estate investors can refinance a property to pull out cash, which is tax-free as it's considered debt, not income.

Prediction Details

Topic
Real Estate Refinancing for Cash

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