Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Hello, my friends, and welcome to another episode of Ask Marco,

where I answer your investing related questions.

Today's question comes from Jonathan.

He says, hi, Marco, I've been enjoying your podcast

for a few months now.

Answers from a professional to questions many have

has been quite educational, and you are welcome. My question involves analyzing the risk

reward of a cash out refinance to utilize a portion of the equity from our primary

residence to hopefully launch into real estate investing.

My wife and I have lived in this home in Oregon for the past 10 years.

Current equity is about $200,000, but recently tied this to a helock for $46,000, which was used to

remodel a large portion of our home.

We are both around the age of 50 and have been paying into 401

case from our W-2 jobs but do not have a long-term investment strategy beyond that.

Single-family homes or small multi-units would be of interest

and not necessarily in our current market with a structured goal to scale over time. Thank you for your time, Jonathan. Thanks for the question, Jonathan. This is a good one and if you haven't seen or heard the episode that I released just recently, I believe it was number

224, titled 700,000 dollars Equity to invest, a live client call.

I went into this in a fair amount of detail on that call,

but that was a live call that I had recorded.

So I'm going to answer your question and give you the bullet points.

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