BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago,
Do SFR = more equity where MFR = more cash flow?
In the BRRRR podcast, episode 327, David Greene made a comment (1:08:30ish) suggesting his single-family homes tend to add equity for him and his multi-family homes contribute more cashflow. He suggested the two asset classes work with one another in a complementary fashion.
Can someone explain why this is true (particularly why single-family properties tend to add more equity). I'd be especially curious to see any example math behind this if it exists somewhere.