Minimizing Costs with Refinance

[Aaron Ingram]

I am a relatively new investor with two cash flowing SFH rentals that are building equity nicely. As we all know the BRRRR strategy is the golden goose of real estate investing and I appreciate the many discussions on this topic. Today I want to ask as a newer investor, how are people minimizing costs when they refinance? It goes without saying that refinance is a delicate topic as current interest rates will either help or hurt you in the process, combined with potentially expensive closing costs and a reamortiation on your loan. Cash flow is king and as long as this process doesn’t kill your cash flow I completely get it, as it allows you access to cash that you can use to purchase more cash flowing properties. So if you have personally experience good or bad with refinance I would love to hear from you! Can you do It wIth almost no closIng costs? Does anyone have a recommended alternative to access home equity (like HELOC).