Brrrr / Refinancing

[Jamey Newman]

I have been researching the Brrrr strategy recently and it seems like the biggest pitfall would be not being able to refinance. I'm new to investing, so what would be some of the reasons an investor would not be able to refinance? Are there outside variables or is it just based on how comfortable the bank is with you as a borrower?

[Joe Villeneuve]

Refinancing is easier than getting a loan to buy.  My two sources are about the same in every way except interest rate and seasoning.

31 day seasoning, 6.99%
6 month seasoning 5.1%

...so, I use both for each property to take advantage of each program's benefit.