Updated over 4 years ago on . Most recent reply
CASH OUT REFI - BRRR- HOW MUCH EQUITY SHOULD I TAKE?
I am doing a BRRR on a rental and going to use the cash out refi money to purchase another. Are people doing this typically getting out the max allowed or what is sugguested? My situation is getting 75K back would make my payment $1489 and its being rented out for $1725. Before the refi the payment was closer to $1100. Please give me some input?