My new article for BiggerPockets is up on when it's right to refinance your property. Most of the time, it will boil down to run of three reasons:
As part of a strategy would be like for the BRRRR strategy, when you refinance out the private loan (or cash) you put in to the property. In this environment, you're probably not going to get better rates. But if you have a lot of equity in a property, it might be worth refinancing if you have some better opportunities.
I go into much more detail in the article, so please check it out!
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