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Updated over 6 years ago on . Most recent reply

User Stats

78
Posts
31
Votes
Jacob Michal
  • Flipper/Rehabber
31
Votes |
78
Posts

Refinancing a loan brrrr method

Jacob Michal
  • Flipper/Rehabber
Posted

So I have been watching and reading up on the brrrr method and was very interested but the main question i have is after I refinance my first deal and get my second house to get refinance again does it replace the second loan for the first one or do I still have both loans I have to pay off on .?

Most Popular Reply

User Stats

172
Posts
122
Votes
Ramon Flores
  • Rental Property Investor
  • Los Angeles, CA
122
Votes |
172
Posts
Ramon Flores
  • Rental Property Investor
  • Los Angeles, CA
Replied

@Jacob Michal You will still have both loans. If you do a lot of properties (maybe 6 or 7) then perhaps a portfolio lender can put them all under one loan. 

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