“Number one would be not taking equity out early enough… it costs you nothing to do that process… if valuations come back good, you can pull out cash to invest”
PN
Pat Noll
Equity Mates Investing Podcast ·
Pat Noll · Equity Mates Investing Podcast · Ask An Adviser: Where property is heading, debt recycling and the future of rentvesting with Pat Noll
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Run automated valuations from six different banks and compare to find up to 30% discrepancy, then use the highest valuation to pull more equity
30% discrepancy between banks’ automated valuations
“Number one would be not taking equity out early enough… it costs you nothing to do that process… if valuations come back good, you can pull out cash to invest”
“That's a $175 billion valuation… only two big producers… they have a big partnership with Blue Origin… valuation is super cheap”
“The innovation of the tranche financing was the notion that I can get money at a lower valuation to get just money at higher valuation, then bring in investors who actually build the company.”
“I updated all my financial models, added a whole tab on cash flow, and used that to determine how much more cash I need and updated my valuation.”
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