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Updated over 6 years ago, 10/02/2018

User Stats

20
Posts
8
Votes
Michael McConlogue
  • Rental Property Investor
  • New York state
8
Votes |
20
Posts

What would you do in this situation?

Michael McConlogue
  • Rental Property Investor
  • New York state
Posted

I'm currently using the BRRRR system in the North Country. I have been refinancing the houses as soon as they are rented.

I have the ability to buy and hold some without refinancing which would give me better cash flow and the ability to pay off my other houses faster. But an investor friend told me to leverage everything and when there paid off refinance them again.  Not sure if this is a good Idea or not. I always worked on being debt free.

 I am new to the rent and hold investing and would like some opinions 

Thanks, Mike

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