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Updated about 8 years ago,

Rickey Wiley's profile image
Rickey Wiley's profile image
Rickey Wiley
  • Rental Property Investor
  • from Richardson, TX
  • Member since Dec 3, 2016
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User Stats

61
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14
Votes
Rickey Wiley's profile image
Rickey Wiley's profile image
Rickey Wiley
  • Rental Property Investor
  • from Richardson, TX
  • Member since Dec 3, 2016
Connect
Rickey Wiley
  • Rental Property Investor
  • Richardson, TX
14
Votes |
61
Posts
Creative Real Estate Financing

BRRRR "Refinance" Stategy

Rickey Wiley
  • Rental Property Investor
  • Richardson, TX
Posted

Hello BP!

Quick question on the "BRRRR" strategy, specifically the 3rd "R" - Refinance. My question is what exactly are you refinancing and what is the benefit? Are you just trying to get a better interest rate on the original loan you took out? If someone can explain the philosophy of that and the BRRRR strategy I'll have a better understanding. Thanks guys.

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