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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 5 years ago on . Most recent reply

David Levin's profile image
David Levin's profile image
David Levin
  • Member since Nov 1, 2019

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46
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David Levin's profile image
David Levin's profile image
David Levin
  • Member since Nov 1, 2019
David Levin
7
Votes |
46
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

I need some Cash-Out Refi Help

David Levin
Posted

Hi all. Need a little help here. I am currently under contract for a 6 unit. Building will be vacant at closing. Extensive rehab. Strategy is BRRRR method. There is no seasoning for cash out refi and we can get 70-75% LTV. My question is, how is NOI calculated without expenses factored. I am assuming it based on my pro forma expenses? Thanks!

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