BRRRR method: Does it decrease cash flow?

[Breelon Bryant]

Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the "New loan" after the refinance is higher so doesnt that decrease your cash flow?

I understand that you are taking the cash out of the house to purchase more properties BUT isnt cash flow the reason MOST investors buy and hold?

Maybe I am thinking too deep into it but I need someone to explain to me whats the purpose of "buy and hold" if you are decreasing the cash flow thru BRRRR