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Updated over 5 years ago,

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India Piersaul
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Private Lending & Conventional Mortgage Advice

Should I pay off mortgage after refinancing?

India Piersaul
Posted

If I wanted to use the BRRRR method of investing, would it be a good idea to eventually pay off the new mortgage after I receive the cash from a cash out refinance?

If I get the cash and put it towards a down payment on another property, then I would not need to keep the previous mortgage around right?

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