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Updated over 4 years ago,
BRRRR + Cash out refinancing question - Do you hit a limit ?
Hi All-
I'm a newbie and learning as much as I can about the BRRRR method. I live in the Seattle area but am exploring options in the midwest and south to invest in. Thanks for such a great community to learn from!
I'm wondering what people's experience is with the cash out refinance. I've read that at some point the banks make stop letting you refinance your properties...
- Has that happened to any of you?
- How many properties have you been able to cash out refinance before banks are giving you a hard time about it?
- What strategies did you apply if this happened to you?
Appreciate any insights you can provide for me with your experiences.
Cheers
-Sean