With rates still being low, or potentially going lower have any of you been refinancing? Not because your doing BRRRR, but lets say you bought a rental with the standard 20-25% down a few years ago, value went up some.
I can't see why somebody wouldn't refi. I've always avoided keeping accessible equity idle in a property.
I have several clients in process of refinancing, just to lower their rate. Some as early as 6 months to a year ago purchases.