BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago,
Cash Out Refiance with Higher Rate?
Hey Everyone. I just renovated both side of my first duplex and am in the refinance portion of the Brrrrr. I went to a few lenders in Spokane, WA and they said their interest rates on cash out refinance are between 5-6.5 % . Currently my interest rate is 4.75%. Do I refinance with a higher rate? Or no?