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All Forum Posts by: Ray Pope

Ray Pope has started 3 posts and replied 11 times.

Post: Questions about BRRRR!

Ray Pope
Posted
  • Denver, NC
  • Posts 11
  • Votes 3
Buy. Rehab. Rent. Refinance. Repeat. Can someone please explain what the benefit of the refinance is? Is that simply to see what the new value of the property is after you have fixed it up, or does it give you actual monetary benefit? I'm sure it's been explained 100 times but I'm just trying to fully understand this. Thanks guys! I love BP!!