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Updated over 4 years ago,

User Stats

8
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0
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Thomas Brandon Petty
  • New to Real Estate
  • Birmingham, AL
0
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8
Posts

I have a Brrrr question

Thomas Brandon Petty
  • New to Real Estate
  • Birmingham, AL
Posted

I'm going to start out this by saying I am new and curious so I haven't dug too deep into this subject yet. When doing a Brrrr, I am confused on how you pay back your lenders after you refinance. If I borrow money and I'm not able to get all of my money out of the brrrr, how am I supposed to pay back lenders, and/or repeat. Are you supposed to do multiple brrrrs before you pay back your lenders, or do you need to get a new lender for every brrrr?

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