Here are the numbers:Property 1:Purchase Price - 130k Current Zillow Estimate - 166kLoan Remaining - 100KCurrent Interest Rate - 5%If Refi - 6.38%Obviously at higher interest rate my EMI is gonna increase , but at same time I am adding an additional asset which would cashflow as well.

@Austin Tess, if you want more detailed responses you need to provide more pertinent details.

Please let me know if you need anything during your stay, or if a detail has been missed.”

I believe I have explained in detail what and how I handle it.   

I underestimated the costs of furnishing from a blank slate, so now know to include more expenses in my upfront cost estimates.

Lease Agreement: Use a compliant, detailed lease covering rent, rules, and responsibilities.2.

While the property requires renovations, inspections and estimates have been completed, and construction is now underway.

Be sure to use bright colors and strategic placement to your advantage to maximize exposure.Perhaps even more importantly, however, you’ll want to memorize the property’s details to answer any inquiries with an authoritative and confident voice.

Happy to discuss in detail if you DM me.

Progressive is based in Mayfield Village, but since they’ve moved largely remote after COVID, I wouldn’t focus there for rental investments.If you’d like to discuss your investment goals in more detail, I’d be glad to help narrow down the best areas for your BRRR strategy.