REFINANCE QUESTION is this BRRRR?

[Ellen A.]

As I mentioned in a previous thread, I am refinancing a profitable rental to cover the costs of repairs for a rental that is loosing money but long term I expect a good turn around. The refinance is out of a necessity. I'm out of money. I have a good job with a good income and on paper it looks like I will recover. In order to get the refinancing done, the mortgage company is requiring me to use some of the money to pay off other debts (to get my debt to income better). So with the refinance, I get a good cushion to start saving for the next rental property purchase plus a new cash flow of $436. Isn't this kind of like a BRRRR. The problem is now the debt they are paying off instead of me having it paid off in 2 - 4 years, that debt is now rolled into a 30 year mortgage. I'm in a position where I am kind of "trusting the process" of cash flow and taking risks now for long term benefits. I'm just having trouble wrapping my head around the pay off turn around.

my budget show the increase projected at about July 2020.  I've even thought of sitting on the cushion until then for comfort.  But another part of me wants to jump on the cushion with another rental for more cash flow now. 

Any help is appreciated.  I had 2 properties last year.  Now I have 4 with a potential 5 with this refinance.  I'm very new and learning as I go.