https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Refinancing: Conventional or Portfolio Lenders vs.

Impact on Debt Service Coverage Ratio (DSCR): If rental income growth is restricted, it may be harder to meet DSCR requirements for refinancing or acquiring new loans.

Building a strong team is key here—start with a great real estate agent familiar with BRRR deals, a reliable contractor, and a lender who understands the nuances of refinancing after rehab.

•I’m considering refinancing, though my current rate is 2.75% on a 15-year mortgage, which is still better than what’s available today.

How it works: The lender gets their principal plus a lump-sum return after the property is sold or refinanced.

This combined with the fact it is a rapidly appreciating neighborhood and cash out refinancing in a year or two. 

The higher the mortgage balance (could be anywhere from $200-$300k+) you could consider taking slightly higher rates for the shorter PPP as refinancing in the future could make more sense than paying down points now with longer PPPs. 

In terms of taxes, I would look at refinancing down the road and getting a PITI mortgage.

Having clear guidelines in your lease about pool maintenance responsibilities is also key.On another note, if you’re thinking about refinancing to switch up your financing strategy for the rental, I’d be happy to connect.

@Maria Rina BoidonTo invest in multifamily properties, leverage your equity through cash-out refinancing, Home Equity Line of Credit (HELOC), or selling the property.