---
id: "quote-infinite-return"
type: "quote"
source_timestamps: ["00:28:15"]
tags: ["roi", "wealth-building"]
related: ["concept-infinite-return"]
speakers: ["Ken McElroy"]
speaker: "Ken McElroy"
sources: ["mcelroy"]
sourceVaultSlug: "mcelroy-multifamily-distress-playbook-2026Jun25"
originDay: 9
---
# The Infinite Return

## Quote

> *You have no money in it. This is an infinite return. This is a better return than Google, Nvidia, Bitcoin, gold, silver. You can't even measure it on a calculator.*
>
> — [[entity-ken-mcelroy]]

## Context

McElroy explains the financial power of refinancing to pull out 100% of initial capital while keeping the asset. The full mechanism is documented in [[concept-infinite-return]] and assumes the listener understands the basic value formula in [[prereq-noi-calculation]] (Value = NOI / Cap Rate).

## Why It Resonates

The comparison to **Google, Nvidia, Bitcoin, gold, and silver** is deliberately viral — it frames the refinance-and-hold strategy as not just good, but the *best* possible return one can construct. The rhetorical math is true under a narrow ROI definition.

## Caveat

As the enrichment notes, the *infinite* framing ignores the **risk profile change** that comes with cash-out refinances — higher leverage, thinner DSCR, and (historically) increased default risk if the cycle turns. Sophisticated practitioners look at post-refinance leverage and reserves alongside the ROI math.