BRRRR on a 5-12 unit multifamily

[Ayne C.]

How does a 5-12 unit multifamily BRRRR differ from doing it on a SFH? My partner is concerned if we go into a 5-12 unit, we will be leaving more money in the deal and that it will be a lot longer of a project. How are they usually done? Pay the downpayment with short term money, get a commercial mortgage right away, and then refinance after the units are turned over and stabilized, say 2 years?

Any experiences you want to share?

By the way I'm reading Lindahls book Multifamily millions, so possibly the answer is there somewhere.