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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 5 years ago on . Most recent reply

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8
Posts
2
Votes
Abhijit Patel
  • Real Estate Agent
  • New Jersey
2
Votes |
8
Posts

For BRRRR properties: Refinance or HELOC?

Abhijit Patel
  • Real Estate Agent
  • New Jersey
Posted

Hi BP Crew,

I want to understand (sorry if this has been asked before) in the BRRRR property is it better to do HELOC instead of Refinance? Usually the refinance has cost like title search, closing cost etc vs HELOC is usually no cost.

Can anyone help me understand why refinance concept is more practiced?

TIA

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