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Updated almost 4 years ago,

User Stats

26
Posts
2
Votes
Kyle Fitzpatrick
  • Flipper/Rehabber
  • Bloomington, IL
2
Votes |
26
Posts

How much is too much to pull out BRRRR

Kyle Fitzpatrick
  • Flipper/Rehabber
  • Bloomington, IL
Posted

Recently bought a duplex for 40,500. I put in about 8,000 and the appraisal came back at 80,000. Do i maximize the amount I can pull out of this or would I take less to maximize monthly cashflow? I.E. is the money I would be saving from the mortgage payment by taking less of a loan worth it? Interested in your opinions

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