BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 25 days ago on . Most recent reply

Refinancing step in BRRRR
Trying to understand how this step is beneficial with current rates. I understand that refinancing can lower payments if you can get a better rate, or extend the life of the loan, but arent you adding more to your loan in closing costs and if you are taking equity out, potentially increasing the monthly payment?