BRRRR Refinancing Strategies

[Jay B.]

Hi, I want to see if i'm going in the right direction. I have 3 SFR right now and so far has been going pretty well. They avg. $500 ea. in profit after loan pmt , taxes & Insurance and a small amount for maintenance fund are taken out. I'm buying my 4th SFR this month. What i'm looking at doing is refinancing 3 of the 4 into one pkg loan for 15yrs. Taking out the equity ( Not ALL, But a good amount) to put towards other properties and some rehab on the existing ones. Am i on the right track? Isn't that basically the same as just refinancing one at a time? it looks like it makes sense.

Thank You for any and all help.  Jay