BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 11 months ago,
BRRRR a quadplex. Is it possible???
For context, I am in the due diligence process of a quadplex in a C-class area.
2 bed/ 1 bath
800 sq ft
PP: $275k
Cap Rate: 7.5%
This is my first attempt at BRRRRing a multifamily. Does anyone in the forum have past success using the BRRRR on multifamily? Where did you go wrong? What did you do right? What would you do differently? Any books you used to help you along your way?
Look forward to discussing this topic with everyone.