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Updated over 2 years ago on . Most recent reply
![Paul Cataldo's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1001876/1664047775-avatar-paulc232.jpg?twic=v1/output=image/crop=1512x1512@1398x1496/cover=128x128&v=2)
Cashout Refi on a Single short term rental
Would love to hear REI's thoughts on this...
I just cashout refi'd my single family short term airbnb so that I could purchase another short term airbnb literally next door. I had to give up $500 in cashflow on the first single but will get $500 back in cashflow on the new property. Was this a good move?? Cashflow totals stay exactly the same, I just have two properties now, identical side by side.
Paul C