All Forum Posts by: Franky Maslim

Hi All,

My name is Franky Maslim, and I found BiggerPockets when I started doing some research on real estate investing.

I am a software developer for my day job, and I'm thinking about getting into rental property investing for additional passive income. For now, I'm looking into single-family houses. Over time, I'd like to build my portfolio to also include duplex, triplex, or maybe quads.

I'd like to learn from the seasoned veterans here, the pitfalls, things to look out for, how to get good deals, things like that.

I look forward to hearing and learning from everyone.

Thanks!

Hi All,

I'm a new member of the BiggerPockets community and I hope I can learn from the veterans of this community :). I've been doing some research on real estate investing, and I'd like to know more about this BRRRR strategy and how it affects one's credit score.

For someone who's just starting out getting their first property, how does refinancing property after property affect their credit score? Mine was around 800, and after a refi on my house, a few refi quotes before that, it is now down to 780-790ish.

Say I was able to do the BRRRR strategy, wouldn't refinancing property after property (say up to 10, or even 5) bring the score down significantly?

Thanks in advance for your reply.