Unlocking the Upper-Middle Class: The Untold Power of Real Estate in Your Wealth Journey
Appreciation
As Wooten pointed out, investment properties don’t just generate income. They also rise in value over time, creating equity.
You can cash out that equity in many ways. Sure, you could sell properties. But you could also offer them up as cross-collateral to avoid making a down payment on a new property. Or you could refinance them every 10 to 15 years, letting your tenants pay down your mortgages for you before cashing out the equity all over again. You could also take out a HELOC against them, perhaps even replacing your existing mortgage to use velocity banking to pay down the debt faster.
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