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Updated almost 6 years ago on . Most recent reply

User Stats

51
Posts
21
Votes
Casey Walker
  • Contractor
21
Votes |
51
Posts

Re-finance and use equity? BRRR

Casey Walker
  • Contractor
Posted

We have a rental appraised at 255,000 that we owe 148,000 on. We could refinance to 80% LTV and use that 56,000 as the down payment for the next property. How does someone decide what LTV they are comfortable with? I love the brrr strategy, i am just unsure of how far i want to leverage them. thanks

  • Casey Walker
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