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Updated almost 7 years ago,
Does refinancing still help me BRRR?
Hi BP,
I called the lender on this property and they offered only a $34 monthly reduction after refinancing, I wanted to BRRR this house but I don't know what I'm missing
Whats an average % reduction of mortgage payment after Refinance?
Currrent Mortgage Payment: $1550
Refinanced Monthly Payment: $1525 (Described by the lending agent)
Than you for your advice!