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Updated about 2 years ago,

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10
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2
Votes

Is now the time to refi and buy more MF?

Glenn I. Barlow
Posted

Looking to get the BP fam opinion on this….

I currently am finishing up rehabbing 24 units and can refi out about $300k (now smaller due to rates),- since its a non agency loan, it would be at 9.5% fixed rate IO (insert face slap emoji here).

Right now I am on a fix and flip loan and its cashflowing no problem.

Should I stay, keep paying and wait for rates to cool off, or leverage up, keep my foot on the gas and try and keep buying more?

Would appreciate the input.

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