We as investors would like to expand our property portfolio as much as possible. However most people are stuck with their current residential place or with only 1 investment property. I have observed and learnt from the successful property investors. They have been using the Cashing-Out Technique to expand their property portfolio.
When is Cashing-Out Technique useful? Cashing-out Technique is useful if your property has attained gains over the years and you would wish to keep this property as well as to add another one into your property portfolio.
Is Timing important in choosing your property? Absolutely. To fully utilize the Cashing-Out Technique, your property has to be purchased during “windows of opportunity” which means that you buy your property during depressed times. When the market picks up, you will be able to use the Cashing-Out Technique to take money out from your current property and add another one ...
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