I currently own a two-family home with my girlfriend, but I plan to refinance in 2025 and start fresh with a focused expansion strategy.

That will give incentive to refinance ASAP whereas these 0% loans the borrower has zero interst in refinancing out early.

Heya Ethan.I've completed 7 secondary suite renovations/developments now and it is extremely difficult to do a true BRRRR where you pull every dime back out again after you refinance.

It is 7% interest only with balloon at end of 7 year term.Monthly Interest: $7,875.00Annual Expenses: $50,000.00---------------------------------The NCF in year 1: $26,000.00+2nd year is when it really takes off at $80,000.00+ Thank you for the advice on looking at refinance a bit closer.  

we need our own forum for this concept. I'd argue that there are very select zip codes where this strategy works. You need to find a zip code where land values are 10% of less of after built value. You have to find a ...

Become really good at it and refine the skill.

Quote from @Daniel Hartz: How would you refinance an investment property in Texas?

Leverage equity, explore house hacking, and continue learning through books, podcasts, and local networking to refine your strategy.

Narrow your top cities, build a local team, and refine your financial analysis to position yourself for success.Good luck!

We are seeing much longer wait times on purchases to be cleared for disbursing funds than refinances.