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Updated over 5 years ago, 05/16/2019

Angel De La Mora Ovies's profile image
Angel De La Mora Ovies's profile image
Angel De La Mora Ovies
  • New to Real Estate
  • from Charlotte, NC
  • Member since Aug 8, 2018
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13
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4
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Angel De La Mora Ovies's profile image
Angel De La Mora Ovies's profile image
Angel De La Mora Ovies
  • New to Real Estate
  • from Charlotte, NC
  • Member since Aug 8, 2018
Connect
Angel De La Mora Ovies
  • New to Real Estate
  • Charlotte, NC
4
Votes |
13
Posts
Starting Out

What is your rule of thumb to cash out rental property?

Angel De La Mora Ovies
  • New to Real Estate
  • Charlotte, NC
Posted

What is your view or rule of thumb on refinancing a rental property after you have gone thru BRRRR strategy? again is it 40% equity vs loan? or 30% equity vs loan? again I'm looking for some insight as I have several properties I have some equity and I don't know to refinance to reduce the mortgage, cash out to reinvest or leave as it is for now?

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