BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago on . Most recent reply
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Refinance strategy as extra income
Hi, say you have a single family that you force value on. When you go to refinance after renovating and forcing value, If the property can still cash flow, do you take out more money than needed to pay off the purchase price and renovation cost as debt free income?
I need extra income, as I will be walking away from my current business next year.