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All Forum Posts by: Marc Cervantes

Marc Cervantes has started 1 posts and replied 3 times.

Post: BRRRR options after you refinance

Marc CervantesPosted
  • New to Real Estate
  • Posts 3
  • Votes 0

@Jaysen Medhurst Alright thanks for explaining that. Kind of pretty obvious when you put it that way, thanks!

Post: BRRRR options after you refinance

Marc CervantesPosted
  • New to Real Estate
  • Posts 3
  • Votes 0

@Jaysen Medhurst

Gotcha. I'm looking to use the BRRRR method to acquire multiple properties. Assuming the money you got from the bank from property #1 was used to acquire property #2, and you wanted to get rid of property #1 for whatever reason. You would need to have the cash readily available, correct?

Post: BRRRR options after you refinance

Marc CervantesPosted
  • New to Real Estate
  • Posts 3
  • Votes 0

Hello BP, 

Relatively new to real estate investing and looking to start off with a BRRRR. Still learning about the process, and was wondering after you refinance your house, what are your options with your loan down the road? For example, if in five years you no longer wanted the property, what options are you facing?

TIA!