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Updated almost 8 years ago on . Most recent reply

User Stats

29
Posts
1
Votes
Matt Koury
  • Flipper/Rehabber
  • South Africa
1
Votes |
29
Posts

How to calculate on the refinancing process

Matt Koury
  • Flipper/Rehabber
  • South Africa
Posted

Hi BP'rs! 

I'm a new investor looking to get started in RE but I have a question regarding refinancing when doing a BRRRR ...

When refinancing the home, is there a way to estimate your closing costs and fees etc? Also, what is the average that the interest rate changes by when you refinance? 

I feel these are critical things to know when analaysing a deal. 

Any feedback would be most helpful!

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