1217 - A New Interest-Free Financing Program for Investors Is Coming Online: Is It Right for You? By Aly J. Yale

Cash-out refinancing is pretty common in real estate investing. An investor will cash in on the equity they have on an existing property and then use those funds toward a down payment on their next property. Rinse and repeat. That complicated process may soon be unnecessary thanks to a new fintech company. Downpayments, a Miami-based financial tech startup, has come up with a way for investors to tap their existing property equity to buy new properties—no refinancing required. Here’s how it works and what investors need to know about it. Learn more about your ad choices. Visit megaphone.fm/adchoices