House Hack & BRRRR Posibility

[Griffin Brenseke]

I own a home in AZ in which I am currently house hacking. I currently have an owner occupied mortgage at $1886/ month (2.75% interest rate) and 3 roommates. I did a lot of upgrades, putting green, added 4th bedroom, painted kitchen cabinet, etc. I am currently cash flowing $450 a month.

I want to get a 2nd owner occupied loan & buy a home in AZ. I spoke to my lender & I could get a 3.35% Fixed Rate. Would you recommend BRRRRing & increasing my interest rate on my 1st home or not Refinancing that home and liquidating 1/2 - 2/3 of my stock portfolio to pay for the down payment of the 2nd home? Any help is so much appreciated.

If you have any experience with BRRRRing I’d love to hear how it went. Thank you a million:)