Rentals Brrr strategy

[Rashad K.]

I have been thinking about the brrr strategy ( buy, rehab , rent, refi , repeat) . What are some ways to force appreciation with multi-family properties?  I understand the concept for single family homes but when it comes to multi families I become confused. For example say I purchase a multi family at a discounted price but not the 70-80 % market value that I'm looking for. Will a light rehab without raising rents ( already as high as it can be) give me a higher appraised value? thanks bp!