Cashout Refinance vs New Home Loan
Hi All,
I am a newbie to Bigger Pockets and real estate investing and am planning to do BRRRR as my first property with below steps.
1) Inherited a under construction property and planning to rehab with my own money .
2) Put a tenant in the house for cashflow.
Since rent will be added to my existing income.Should i apply for new home loan and pay EMI from the rent (or ) just go with cash out refinance (or) It doesn't matter and should go with one where i get better terms ?