BRRRR Investors what rates are you underwriting for to refi

[Zach Kracht]

With rising interest rates, what interest rates are you underwriting your BRRRR deals on when you plan to refinance after all the renovations?

I am looking at buying some properties with hard money, how concerned should I be about the rates being much higher than I am underwriting for?

Anyone have any thoughts? Should I change my financing strategy?

[Ashley Cross]

Rates can definitely make a huge impact on your cashflow. I would bump up the interest rates to be in the mid 5s and inflate your closing cost just in case you have to pay additional for points.