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Updated about 6 years ago,

User Stats

32
Posts
4
Votes
Miguel Ochoa
  • Investor
  • Hercules, CA
4
Votes |
32
Posts

How much to take out after BRRR

Miguel Ochoa
  • Investor
  • Hercules, CA
Posted

when doing the refi after the rehab. how much do you guys pull out of the property? I currently have a home that I owe about $300k on and am building an ADU in the back after the building the ARV should be around $800k if i rent it out both places the numbers will be around $4700 a month. I could cash out refi around $625k and i would be breaking even after cost. do you guys cash out less to have a monthly income or go all the way and run property with no monthly profit?

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