BRRR Refinance Question

[Jonathan Feliciano]

Hello,

I'm trying to wrap my head around the "refinance" part of the BRRRR strategy.

It's hard for me to imagine how the refinancing part works without seeing visuals. Can you guys share with me some resources you've used to wrap your head around refinancing?

Also, when you refinance, are you still paying a mortgage payment?

[Steven Foster Wilson]

Hope this visual helps.