Downpayments and High interest rate for refi

[Dimas Kersh]

Hi all! Two questions - would really appreciate everyone’s input and advice.

1) What are your primary sources of funds for downpayment?

I'm holding several BRRR properties and I'm running out of money for downpayments. Historically used my own funds.

Each refinanced property holds ~20% of the new appraised value (post cash out).

2) Given the current interest rate environment, net cash flow on potential BRRR properties I'm now considering is likely to be close to zero (rent minus mortgage payment, taxes and insurance). For context - I'm based in NJ. Is this what other folks are seeing as well?