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Updated over 6 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from North Hollywood, California
  • Member since Nov 14, 2016
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from North Hollywood, California
  • Member since Nov 14, 2016
Connect
Account Closed
  • North Hollywood, CA
4
Votes |
66
Posts
General Landlording & Rental Properties

Refinance question BRRRR

Account Closed
  • North Hollywood, CA
Posted

The BRRRR calls to refinance, but this will increase mortgage payments? So how is the increase amount factored in? Also can you take all your money out or do you have to leave at least 25% in the deal?

Current mortgage is 1200, refinance and now mortgage is 1500, so what do you do increase rents?

Thanks

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