Future BRRRR REFI question

[Brandon Cain]

Hey guys, I'm currently looking to BRRRR some properties and hold onto them as rentals. With rising interest rates, I'm worried about the refinance and what implications it may have on cash flow. Obviously with higher rates, cash flow will be reduced. Do you think interest rates will decrease when inventory starts to come up? If I pull cash out via refinance into a high interest rate, say 7%, can I rate and term refinance later on when interest rates go back down?