Every loan and bank will have its associated fees and cost as its the price to do business but if you see more leverage in tapping into existing equity that could very well be the case.

@Max Bellino For smaller properties like your 2–4 unit multifamily buildings, an online cost segregation study is a quicker and more cost-effective option, providing sufficient accuracy for straightforward properties.

We've seen robust demand in OCT (leaves) as well as NOV/DEC (snow chasers). 

You will also quickly learn how to manage properties well instead of spending decades figuring it out like most investors.

I just started getting deeper into BRRR and think at some point I could see myself diversifying into that as well.

When faced with scenarios like this, it's tough to answer such a specific question with limited information. 

I think you have the basics of meeting partners and people to work with in your local market and seem to be well on the way with two deals going already so big congrats there!

But, a lot of people like that.

In addition to the interest of the loan, you'd also be paying this as well. 

I wish them well.