BRRRR Method - Newbie

[Alisha Gilliam]

Hi there. I am trying to understand the BRRRR methodology but am having some trouble. I get the first first few steps. Buy=got it! Rehab=got it! Rent=got it! REFI=not so much.... I dont understand the refinance portion of this as clearly as the others...are you refinancing it after a certain time frame? I'm just thinking that you can only do this so many times before the bank is going to say no, you're debt to income ratio is not high enough. (Personal or business). Am I wrong? I know I have heard that some banks require "seasoning." Is this a time frame that a bank usually determines is long enough and then will give you a loan against it? I'm sorry for asking such rudimentary questions but I just cant get past it. Thanks for any advice or words of wisdom. I really do appreciate it! P.s. I will be selling my home shortly and will receive about $70k in profit. If you were me, how would you invest it? Thanks again!!!