Capital getting stuck in small multi family BRRRr deals

[Paul C.]

Hey, my strategy is long term buy and hold of small multi family(2-4) units using BRRRR. However, I am running into major issues on the refinance piece due to lack of comps. On a previous BRRRR, I came out under water due to my duplex being renovated and there not being ANY others that were renovated so the appraisal came back low. I am potentially about to buy a set of duplexes that I would prefer to completely renovate using the BRRRR method but I do not want to get my capital stuck in the deal. In this particular case, there are no comps at all as it is a rural property. Does this mean my strategy is flawed or has anyone else found any viable avenues to avoid this pitfall. Thanks!