I’d be interested in using the BRRRR strategy and refinancing and pulling some money back out to leverage, but I am having trouble determining what the ARV would be for quad after rehab of the property as there are no other quad or multifamily dwellings nearby to compare it to.Would love to hear your thoughts, feedback, advice!!

Where I’d find a private lender and then get a mortgage later down the line to pay them back.I’ve also thought about building more equity in the first deal and refinancing later down the road.

Refinanced and pulled out 75% LTV.

Refinanced after 6 months with $190K Appraisal.

ARV is hard to calculate on these units (since finding refinancing can be really difficult), but the gross monthly rents are at 1.3% of the purchase price.

The new lender is recommending refinancing the first property (which I planned on doing anyway) by basically paying off my original mortgage, combining the two properties under a new loan / mortgage.

In December 2018, I refinanced my home using a 203k.  

The average cash on cash jumps dramatically when I choose to refinance in year three (99% of money returned to partners) versus refinancing in year four (100% of money returned).

Purchase price: $85,000 Cash invested: $28,000 Single Family Home that I bought, rehabbed, refinanced and rented out (brrr).

Refinanced loan to a thirty year mortgage.