BRRRR - Good Cash Flow vs No Money In Deal?

[Liam Maher]

I was running some numbers and it seems to me that when you're doing a BRRRR you have two choices: you can either pull a lot of money out in the refinance, which then helps you scale up quickly, but then you leave yourself with a high mortgage payment, and little to no cash flow. OR you can take a smaller loan and leave more money in the deal to increase your cash flow due to the lower mortgage payment.

How do you guys navigate this? Would you rather have higher cash flow with more money in the deal, or less cash flow with less money in the deal? Is there a right answer?