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Updated over 6 years ago,
Does the Book Value change after a Refi? Or just Market Value?
Say you buy a property for 200,000 and then you fix it up and REFI it at a valuation of 350,000, pay off the old loan with the new loan capital and and have a new loan etc... the BRRRR method.
Did the "book value" just change or the "market value?" Or both?