When does it make sense to pull the trigger and refinance a property? For the most part, it’s actually pretty simple. There are three major reasons to refinance a property. We’ll address each separately.
The numbers, while very important, aren’t the be-all, end-all of getting a refinance. Banking is still a people business and you need to master the art of coming off professional, competent and enthusiastic for the business.
The BRRRR method is very effective to grow your portfolio. This works for single family and small multifamilies—and it works on larger properties as well.
As they say, a wise man learns from his mistakes, but a wiser man learns from the mistakes of others. So, be the wiser and learn from mine.
This article will give an example of when everything goes right. Indeed, pound for pound, this deal is one of our best deals ever, if not the best.
It’s known by now that you can invest in real estate without your own cash…
The buy-rehab-rent-refinance-repeat (BRRRR) strategy is an amazing, attainable way to build wealth through real estate. Get the details here!
Looking to get into bigger deals? Take this blueprint of an investor who recently purchased a 41-property deal and learn from it!