Is it a good idea to use BRRR strategy to buy a Multifamily Apts?

[Rafick Assenjee]

Hi, I would like to know if anybody has been buying a Multifamily Apts using the BRRR strategy?

If yes is this strategy better than using the traditional method of financing the deal with 70%LTV bank mortgage?

Finally, I have 500,000 USD cash to invest in such a deal and I am looking for an investor/partner who has experience and a track record on this market in the LA area.  

Thanks a lot in advance for your advice and help.