067. 1031 Exchange Vs Cash Out Refi [Which Is Better?]
How I Bought My First Property with $0 Out of Pocket [And So Can You]
Today, I’m going to help you figure out which is best for you - a 1031 exchange or a cash out refi. If you’re anything like me, you’re constantly evaluating your real estate portfolio to determine if your equity is being utilized to its best potential. And that means exploring all options to see if you might be able pull out that equity and place it somewhere else so that you can get a better return. There are really only two ways that you can realize this equity in any of your investments: either you sell the property or you perform a cash out refinance. But which is better for you: selling your property and performing a 1031 exchange or refinancing the project and pulling your cash out?
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About Your Host:
Tyler Cauble, Founder & President of The Cauble Group, is a commercial real estate broker and investor based in East Nashville. He’s the best selling author of Open for Business: The Insider’s Guide to Leasing Commercial Real Estate and has focused his career on serving commercial real estate investors as a board member for the Real Estate Investors of Nashville.