Updated about 6 years ago on . Most recent reply
Re-finance and use equity? BRRR
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