BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
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.