BRRRR Construction Financing

[Walker Wesdorp]

Hope someone can help

I am fairly new to BRRR with 2 multifamily properties under my belt in the Northern Kentucky area. I need some guidance on my next move.

I finished rehabbing the first property and the tenants move in June 1. I closed on property 2 last week and am estimating roughly 30k in renovation to get property 2 rent-able. What is the best way to finance my construction cost? Should I refinance property one or do I have any other options? Property 1 is in a blossoming area which leads me to believe it will appraise higher if I wait to refinance. Do the appraisers even take that into consideration? No one really every describes how they finance the construction part of BRRR

Any advice will help thanks!