Disasters on Refinancing "R" of BRRR

[Dennis Nikolaev]

The glitch of REFI seams to be the most common problem in multifamily BRRR.

Imagine obtaining hard money and then not being able to pull out the equity from a repositioned project! Or grossly overestimating the After Repair Value?

Disaster.

I am getting ready for my first multifamily foray. I scrambled enough cash to buy and reposition my first Multifamily building.

I'm starting to really stress out as I see many people not being able to refinance their properties for various reasons. 

I wonder if there is a good way to predict the chances of refinancing? and predicting ARV?

How do you do that?

The idea I currently have is to show the final deal (before buying) to a mortgage broker and ask if such a property can be Refinanced after repositioning.

I'm just not sure if any broker would be willing to offer such advice.

So, how you predict future refinancing? ARV?

Dennis