Refinancing will change your mortgage rate, and if it’s worse than your current rate, it’s not worth it unless you’re getting a great deal.

Appraisals are tricky, and refinancing can take time.

Once refinanced the property will be stabilized but still may see slow/low distributions because of cap rates and interest rates.

In the Houston and Katy markets, prioritize cash-flowing properties that can withstand current high interest rates, and plan to scale by reinvesting cash flow or refinancing when rates drop.

Got into the home with a low down payment , made repairs, rented and refinanced to pay off line and eliminate the PMI.

Quote from @Theresa Harris: Quote from @Kevin Sobilo: Quote from @Theresa Harris: I'm in Canada where refinancing is an expensive endeavor and we generally don't do it (we have to pay out all of the interest remaining on the mortgage). 

Exit Strategy:Every deal should have an exit strategy, whether that’s selling the property for a profit after appreciating in value, refinancing, or holding onto the property for long-term rental income.Connecting with Experienced Investors:It’s awesome that you’re looking to connect with others on this journey!

Trying to create a plan to get into another property without using my own cash or refinancing.

When considering refinancing, also factor in the closing costs of the new mortgage to determine if it actually helps you.

if it is a BRRRR you'd pay the seller off when you refinanced into long term debt, either conventional or DSCR.i don't know anything about the location, market, etc. but if it needs a 40K rehab, you need to push the purchase price even lower than 140K, or it will not work as a BRRRR.