Updated over 3 years ago on . Most recent reply
Understanding BRRRR in relation with refinancing
Can someone provide a numerical example of how to BRRRR your property into refinance? I'm confused with how much you can refinance. I.E. I buy a multiunit that needs improvement for 100,000. Rehab is done for 50,000. All in 150,000 and the ARV is 200,000. What gets refinanced? 80% of the 200,000?