BRRR - Cash out Refi worth it?

[Ashley Russell]

We are trying to do our first BRRR. We bought a SFH for 95k, put about 45k into it and it just appraised for $145k. The lender we are working with is estimating about $6k in closing costs so we would only get about $24,000 back. We already paid $575 for the appraisal. Is it worth paying $6k in closing to get out $24k. Should I try another lender (paying another appraisal) to see if I can get a higher appraisal and closing costs down? The only thing about the BRRR strategy that bothers me is having to pay closing costs twice. But is it worth it to free up more cash for the next property?