If it's 1-4 units, then you'll need to look at comparable properties, but with 5+ units you'll want to determine the future value with NOI and cap rates. 

Instead of leaving equity tied up in the property, you can refinance and put that money to work on your next investment.Advantages:Leverage: You’re using borrowed money to increase your purchasing power.Long-term Wealth: By holding rental properties, you benefit from appreciation, passive income, and tax advantages.Scalability: The ability to keep reinvesting capital makes it easier to scale compared to traditional buy-and-hold methods.Is BRRR Right for You?

Here are a few negotiating tips to be successful: Have a good idea of local housing market conditions to determine if it’s a seller’s or buyer’s market.

Market ConsiderationsWhile current rates may fluctuate, the ability to secure 6.375% now might be a rare opportunity, especially given the overall uncertainty in interest rate markets.

At the time, I didn’t realize how much that could impact my agent’s ability to advocate for me.

Her brokerage listed the property, and she is taking me out there to do a walk through to determine if I want to take the next step. 

The bank is primarily concerned with the borrower’s creditworthiness, the property's value, and your ability to make payments.Private Lenders: Private lenders are more flexible because they focus on the property’s potential, the borrower’s experience, and the deal itself.

And I feel the ideal portfolio can benefit from the diversification of both.I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.

I cannot go back and change it, it has zero impact on my decision making ability for real estate deals. 

They all push ‘flipping” houses, and the ability to do so with “no cash or credit”.