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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 2 years ago on . Most recent reply

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2
Posts
1
Votes
Yaqoob Sheikh
  • St. Louis, MO
1
Votes |
2
Posts

How to take advantage of BRRRR strategies in this market of high interest?

Yaqoob Sheikh
  • St. Louis, MO
Posted

Hey Guys, 

I want to use the BRRR strategy on my current house and refinance that then take that money and buy some other property but the current interest rates are higher then what i have currently on my mortgage. how do you go about that?

Thanks

Most Popular Reply

User Stats

25
Posts
22
Votes
Patrick Rhodes
  • Real Estate Agent
  • Manchester
22
Votes |
25
Posts
Patrick Rhodes
  • Real Estate Agent
  • Manchester
Replied

If I am understanding your situation from what you wrote, You would probably want to keep your current mortgage in place and take a Home Equity Line of Credit or a second mortgage on the remaining equity to invest with. 

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