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Updated over 9 years ago on . Most recent reply

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693
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357
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Vincent Crane
  • Realtor
  • Atlanta, GA
357
Votes |
693
Posts

BRRR with Multi's

Vincent Crane
  • Realtor
  • Atlanta, GA
Posted

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

Most Popular Reply

User Stats

373
Posts
299
Votes
William Collins
  • Investor
  • Rocky Hill, CT
299
Votes |
373
Posts
William Collins
  • Investor
  • Rocky Hill, CT
Replied

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.

  • William Collins
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