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Updated over 5 years ago,
Confused on refinancing with the brrr method
I am trying to learn this whole brrr strategy, and I am stumped on the refinancing part
If I was to get a hml and do the buy, Reno, rent.
Who am I refinancing to free up capital from?
The hml?
Or at that point do I try a bank to repay hml and then refinance from the bank?
Any help explaining is greatly appreciated.
Thanks in advance