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Updated over 5 years ago on . Most recent reply

Sebastian Rodriguez's profile image
Sebastian Rodriguez's profile image
Sebastian Rodriguez
  • New to Real Estate
  • from PA/NJ/NY
  • Member since Mar 27, 2019
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Sebastian Rodriguez's profile image
Sebastian Rodriguez's profile image
Sebastian Rodriguez
  • New to Real Estate
  • from PA/NJ/NY
  • Member since Mar 27, 2019
Connect
Sebastian Rodriguez
  • New to Real Estate
  • PA/NJ/NY
3
Votes |
10
Posts
Innovative Strategies

Understanding the Refinancing process

Sebastian Rodriguez
  • New to Real Estate
  • PA/NJ/NY
Posted

Would like some help understanding the refinancing process. Using the BRRRR system, once I refinance the home w/ the equity i've added, does the mortgage now reset to the new value of the home? And does that mean higher monthly mortgage payments/taxes after appraisal?

Thnx in advance

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