refinance cost is worth it!

来源: brrrr 于 2021-11-03 17:06:54 [] [旧帖] [给我悄悄话] 阅读数 : (317 bytes)
回答: 第一个BRRRR完美收官 由 不声不响 于 2021-11-03 08:16:00

Assume you spent $4.5K on refinancing and got $45K back. Let's take a very conservative assumption that your cash-on-cash return after the refinance is 10%, then you use this $45K in the next project and you will get the $4.5K back in one year, not to count other benefits of the second property. 

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