BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 2 years ago,
Duplex BRRRR Strategy
Looking to get some feedback on me and my partners BRRRR Deal. Were under contract on a duplex for $160,000 and the estimated rehab is $135,000. Were using a Hard Money lender. Rehab Timeline is about 1-2 months. ARV is around 420k on the low end I believe. Each unit is 3 beds 1 bath and about 2800 total sq ft. We plan to rent each unit for $1800/m and then refinance down the line. Thoughts?