693: Seeing Greene: How to Turn Equity into Cash Flow and Getting Around 20% Down
Nov 27, 2022•1 hr•Ep. 693
Episode description
You’ve got home equity, but maybe not cash flow. If you want to realize financial freedom, you’ll need consistent, passive monthly income. But with cash flow harder to find than ever before, how can you get it when real estate prices and interest rates remain high? Should you give up on cash flow entirely and only bank on appreciation? Maybe not. Using the strategy David outlines today, you can convert your equity into cash flow, but you’ll need to follow the right steps.
Welcome back to another Seeing Greene episode, where David, and some expert guests, answer your questions surrounding anything and everything related to real estate investing. Joining us on today’s show are Dave Meyer, J Scott, and Pat Hiban, all BiggerPockets authors and real estate masters in their own rights. They tag-team questions ranging from how to get around the twenty percent down payment requirement, how to calculate the time value of money on an investment, how HELOCs (home equity lines of credit) work, whether investing in hurricane-heavy Florida makes sense, and more!
Don’t forget to head over to the BiggerPockets Bookstore to get massive discounts on some of the best real estate investing books in the world! Still itching to ask David a question? Submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
How to get around the twenty percent down payment requirement even as a foreign investor
Cash-out refinances vs. HELOCs and which make more sense for the casual investor
Converting equity into cash flow and how to know when you should sell an investment property
Hurricanes, high insurance rates, and other hurdles that come when investing in Florida
Calculating the time value of money and when an investment is worth buying
House hacking and using your primary residence as an income-generating asset
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
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Find a BiggerPockets Real Estate Meetup in Your Area
BiggerPockets Bookstore Cyber Monday Sale
Stay Up-to-Date on All the New BiggerPockets Books Coming Soon
Should You Invest for Equity or Cash Flow?
Books Mentioned in the Show
Real Estate By Numbers by Dave Meyer & J Scott
Connect with David, Dave, J, & Pat:
David's BiggerPockets Profile
David's Instagram
Dave's BiggerPockets Profile
J's BiggerPockets Profile
Pat's BiggerPockets Profile
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-693
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