Lindsey Duguet’s Post

Name: Learn about real estate deals with Mindshift2Millions | Lindsey Duguet posted on the topic | LinkedIn
Uploaded: 2024-08-09T16:00:11.206Z
Duration: 59 s
Channel: Lindsey Duguet

Lindsey Duguet

Regional Director Emergency Medicine | Physician | Real Estate Investor & Syndicator | Author | Helping other professionals grow their wealth & buy back their time

3mo

In this exciting webinar clip, we delve into the magic of real estate deals and reveal how they can provide you with a steady cash flow, financial freedom, and long-term wealth. Don't miss the chance to learn from industry experts and take your investment game to the next level! Click the link to join! 👉 https://lnkd.in/eFGVKtPH #Mindshift2Millions #CashFlow #InvestmentStrategies #RealEstateDeals #PassiveIncome #ScalingYourPortfolio #NegotiationSkills #FinancingOptions #RiskManagement

Transcript

When you do a refinance on a property, that check is not taxed. This was tax free money that we then put into other deals, $301,000 on this building that just might go and I owned. It's wonderful. Our new loan on this building when we got it at the time was $515,000. Our mortgage today on this is $3600 a month and as of today we are still cash flowing after we got that $300,000 check, $3200 a month on this. So this just shows the velocity of money. And how you can find these deals, you can put the value into it, you can get your money back. So we have infinite returns on this. We got 275% of the initial money back out on this and we still own the property and it's still cash flows. It is the magic of real estate. I get so excited talking about real estate and deals like this that that strategy too is we said renovation, value add. That's the benefit of doing something like this, a bit more risk, but far more reward when you look at the finances.

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