Updated over 9 years ago on . Most recent reply
Refinancing and Cash Flow
General question for the BP community.
I'm curious about the implications of refinancing a property to pull out equity. If you were to refinance to pull equity out of a rental (think BRRRR), wouldn't that increase PITI and negatively impact cash flow? Is that something that is usually taken into account when analyzing such deals? Presumably if a long term refi is taken out, it will impact the cash flow for quite some time.
Am I missing something simple?