BRRRR Multifamily - Can someone please explain the entire process

[Mark Gjani]

I would like to start off introducing myself. My name is Mark and I am new to this forum hopefully I can acquire enough knowledge to bring some additional value in the near future.

The family and I are in the process of looking to purchase an 8 unit in South Florida, I have been recently reading up on the scaling potential of the BRRRR method.

I would like to understand the exact steps we would need to take to successfully execute this strategy. Can someone who has experience with Multifamily BRRRR explain the entire process to me in detail including the risk, what can be done to minimize the risk, loan process , time frames etc