747: Seeing Greene: “Amplifying” Your Equity and When to Pay Off Debt vs. Invest

Episode • Apr 2, 2023 • 54m

Want to buy rental properties while the market is down? If you didn’t already know, you could be sitting on the perfect funding source found right under your own feet. But with today’s mortgage rates still double what they were last year, is taking out any of your equity a mistake, or could this be the opportunity of a lifetime to scoop up some sweet real estate deals at a stellar price? We’ve got our expert investor, lender, broker, and ship-metaphor-making host, David Greene, to give you his wealth-building secrets.

Welcome back to another Seeing Greene, where we take questions live from BiggerPockets listeners on how you can retire early with real estate, build a business you love, and create generational wealth. This time, we’ve got questions on how to use home equity to buy more property, then we debate cash flow vs. appreciation and which is a better bang for your buck. We’ll also compare commercial vs. residential real estate and explain how these two seemingly similar assets operate VERY differently. And finally, David gives his favorite news sources on where to learn about the economy, the housing market, inflation, and every other variable that’ll help you make intelligent investing decisions!

Want to ask David a question? If so, 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:

Refinancing vs. selling and what to do with high equity but high mortgage rates
Appreciation vs. cash flow and why bad neighborhoods are NOT for rental property investing
Residential vs. commercial real estate and why it gets tricky when funding bigger deals
Bitcoin as an alternative to cash and why the rich are still investing in a downturn
Portfolio architecture and how to buy rentals that build wealth (not just cash flow)
Where to learn about economic trends, data, and the housing market
Paying off debt vs. investing in real estate (and which to do first)
And So Much More!

Links from the Show

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-747

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