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Updated almost 6 years ago on . Most recent reply

Ki Lee's profile image
Ki Lee's profile image
Ki Lee
  • Rental Property Investor
  • from Cypress, CA
  • Member since May 2, 2013
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103
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Ki Lee's profile image
Ki Lee's profile image
Ki Lee
  • Rental Property Investor
  • from Cypress, CA
  • Member since May 2, 2013
Connect
Ki Lee
  • Rental Property Investor
  • Cypress, CA
72
Votes |
103
Posts
Starting Out

Question on how to BRRRR

Ki Lee
  • Rental Property Investor
  • Cypress, CA
Posted

I've heard many people mentioning the BRRRR strategy- buy, repair, rent, Refi, repeat.

I have question about the refi part. It is my understanding that getting equity out of rental property is very tough. The loan standards are more stringent, higher interest, and lower LTV. Is this not true? Are there easy ways to get equity out of rental properties?

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