BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago on . Most recent reply
What exit cap are you seeing lately?
Hello BP fam! Can you guys let me know what exit/refinance cap rates you are seeing lately and what you are forecasting in the future? Thanks!
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Benjamin Aaker
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- Rental Property Investor
- Brandon, SD
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Sioux falls for multifamily properties are seeing 5-6% caps for Class B buildings. I think we will see these go up as the out-of-state investment money starts to dry up and less buyers cause prices to go down.