Is converting to a duplex a good combat to high interest rates?

[John D.]

As part of the BRRRR strategy, it feels like converting a SFR to a duplex (assuming the local market likes duplexes and apartments) could be a good strategy to combat the higher interest rates that we are going to face when going into the refinance.

Obviously the assumption here being that we can still get the conversion rehab done for a cost that does not get us too far about 70% ARV.

I have not done a conversion to a duplex, so I do not know how expensive it can get, but does anyone have any experience with this and if they think it is a stronger move within the BRRRR strategy, given the push that interest rates are going through now? It feels like after the conversion, the DSCR should be better also with the rent coming from two units?