What’s The New Refinance Tool That Will Change Your Investment Portfolio?

I recently wrote a Forbes article about refinancing, which inspired the topic of this week’s episode. Allow me to set the stage real quick.

Most people think of refinancing as an expense, where the focus is on giving away money rather than earning it. Steve and I find this perspective to be incredibly limiting. 

That is why we propose a subtle shift.

“Let’s look at a refinance as an investment… instead of just looking at it as a cost.” - Kevin Clayson

To make the distinction, we use the term ROI refinances, and this tiny little reframe makes all the difference.

What we’ve done is we took the most common understanding of the concept, and we flipped it on its head. In doing so, we’re effectively turning from a negative mindset to a positive one.

Looking at refinances like investment opportunities is incredibly useful for replacing your income. It’s one of the easiest ways to get a great return on your investment, and we’re going to explain just why that is so, step by step in today’s episode.

Many of us often approach financial topics from a mindset of scarcity. But just making that little mindset shift can open up a whole new world of opportunities.

Enjoy the show, and if you want to learn more about ROI refinances, we’ve set up a special page on our website so you can add it to your investment toolbox:

https://dfy-realestate.com/roirefi

Key Takeaways:

• A brand new perspective on refinancing (2:36)
• People usually focus on the costs of refinancing - why is this bad? (5:56)
• What is refinancing, and how does it work? (7:35)
• Why is our interpretation of refinancing different? (13:16)
• What is an ROI refinance? (breakdown + example) (14:48)
• One of the best things about making an ROI refinance (17:29)
• An example of how an ROI refinance works (18:50)
• Letting go of the mindset of scarcity (22:44)
• A story about helping my kids develop an investor mentality (25:13)
• How have our clients benefited from ROI refinance (28:05)
• Why is now a particularly a good time to consider refinancing (29:29)

Additional Resources:

• Learn more about Done For You Real Estate: VISIT HERE
• Get a FREE Income Replacement Estimate (IRE): APPLY HERE
• Check out our new DFY Refinance Investment Tool (FREE): VISIT HERE

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And remember...

Income replacement for you and your family may only be one property away!