All Forum Posts by: Brian Bufalini

Thanks, @Evan Polaski.  Looking at my credit karma scores, the age of the accounts is including my mortgage current. I'm wondering if refi's will.  Agree that you can only have so many personal refis depending on the bank, and also agree that commercial would be eventually where I want to go.  Appreciate it.

Just finishing up David Greene's excellent book on BRRRR, and the whole idea is to refinance after the rehab when your appraisal will be a lot higher (and hopefully you can pull out all of your cash or more). However, when you get to the final "R" or "Repeat", that means you'll be refinancing over and over again for each new rental you acquire. My question is, how is that going to affect your credit score, since it seems your credit age will start to drop? After 5 or so active refinance loans, I can see this really depleting a score. New credit is 10% of your score and credit age is 15% of your score. I will be just fine starting out, but want to know how to manage this after I refi several times. Thank you!