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Magic of the REFI.
Learn from my experience. I have almost $1 Billion in real estate holdings and will be over that amount by the end of the year.
I can show you all about real estate. Investing in apartments, what deals are too big or too small. How to get a loan. How to exit the deal.
I’ve made my fair share of mistakes in real estate, so learn from me and avoid them.
One that I didn’t understand was the magic of refinance.
Refinancing, or refi, basically lets you sell your property. Keep your property. And pay no taxes.
For example, I bought a $3,200,000 property in San Diego, CA. I owned it for twelve years and refinanced it four times.
After three years, the NOI, Net Operating Income, on the property improved so the value of it increased. The bank reviewed the operating statement and valued the property at $6,000,000.
I refinanced it, paid my original loan off, paid my original investment back to myself and still had $1,800,000 back to me from my REFI. All tax free.
The Magic of REFI:
-Sell it.
-Keep It.
-Pay no taxes.
Real estate is a great investment, but you need to know what you are doing. Make your down payment on your investment property start earning right away. Get your money to earn money every month.
And remember, the magic of refinancing can work on big, and small deals.
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Grant Cardone Career and Bio
TV Undercover Billionaire
CEO - CardoneCapital.com Real Estate Holdings 2.2B AUM
Founder - 10X Movement Business Conferences Worldwide
Author - The 10X Rule. (Plus eight more biz books)
Philanthropy Grant Cardone Foundation - Support kids without fathers.
Raised Over 100M for Charites Apple PodcastsThe Cardone Zone on Apple PodcastsCareers · 2020 (420 kB)is4-ssl.mzstat... KZitemGrant CardoneGrant Cardone is the author of eight business books, thirteen business programs, and is the CEO of seven privately held companies. Forbes calls him one of the top social media business influencers in the world. Cardone founded and manages a real estate investment firm, Cardone Capital, with $1Billion assets under management. He also travels the world consulting Fortune 500 companies, small business owners, startups and governments on business expansion. One of his enterprises recently hosted The 10X Growth Conference at Miami Marlins Park in Miami, Florida with over 34,000 business people and entrepreneurs in attendance from over fifty countries. Mr. Cardone resides in Miami with his wife, Elena Cardone and their two children, Sabrina and Scarlett. Visit grantcardone.com for his latest blogs, news, tips, training, and where to catch him LIVE!
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