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Updated over 9 years ago on . Most recent reply
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BRRR with Multi's
Having to flip two kitchens instead of one, double the bathrooms and appliances... Things really add up quick. Is it possible to add enough value with multi's to do a cash out refi with a BRRR like you would with a single family?
- Vincent Crane
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I am in the middle of doing it for the 1st time (about to start the refinance portion), and have seen it done multiple times here see (@Michael Noto who documented some his experience in a diary here). It is just like any other asset- buy it right and make sure you know the ARV. Right now I am also making offers to start this on a second house.