BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 2 months ago,
Loan type for 4 plex purchase and rehab???
I have my eye on a 4 plex I'd like to buy, renovate, rent, and hold.
What kind of loans are best for this?
4-Plex details:
-currently occupied
-estimated sale price 265k
-ARV 400k, and 4k/mth in rent
Background on me:
-I have an LLC
-I own 4 single family rentals
-each has around 70k + in equity
-all cash flow well
-credit is 800+ with adequate income.
If yall were me, what loan options are best to buy, rehab, and rent a 4 plex?