BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago, 09/12/2023
BRRRR for Smaller Multifamily Properties?
Hello,
When you BRRRR a small multifamily property (Duplex to Quadplex), do you vacate the tenants while you do the rehab portion? It seemed pretty straightforward for SFH (one tenant), but I wanted to see what the common tactic was for small multifamily properties with more tenants.
Is it common to BRRRR small multifamily properties or is it more for SFH?
Do you recommend doing my first BRRRR with a SFH or is multifamily okay if I'm interested in multifamily? For context I'm a complete beginner looking to do out-of-state investing.
Thanks in advance!