
38. BRRRR: The Chillest Real Estate Investing Strategy with Patryk Swietek
No Vacancy The Podcast with Natalie Palmer
00:00
How to Defer Taxes for a New Deal
The original people that lent us the cash, we pay them back. And while this is also going on throughout the six months, every month we do a payment to the hard money lender. You will have the new loan and it will be... You only have to put 25% down and you might ... I don't know the math right now, but you might be able to pull out all the money from this deal and be able to pay back that dentist. But so when we return the money, it's going to be $100,000 to the dentist plus the $5,000 they made for those six months. So what I'm trying to say is the dentist gets paid out
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