Leverage your construction expertise to accurately estimate rehab costs and streamline renovations, and focus on financing strategies like hard money or private loans for your BRRRR deals.

Having it renovated.

I got my estimated loan amount from my lender.

Investment Info:

Large multi-family (5+ units) fix & flip investment in San Francisco.

Purchase price: $2,800,000

Cash invested: $560,000

The property is a three-story multi-family residential bu...

I am starting a total renovation.

Clearly there's a lot more ROI and work for a BRRRR.After finishing David Greene's BRRRR book and combing the forums, my impression is it'll come down to building the right team and doing our due diligence on finding and analyzing deals, estimated ARV, rehab costs, and rent /demand for an area with the most conservative estimates. 

They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more.

I have found some information that might be helpful John.There are government backed programs like Fannie Mae Homestyle Renovation Loan and Freddie Mac Home Possible Renovation Loan, in addition to the FHA 203k loan. 

And if your investor friend’s private loan helps fill in any gaps, it might be worth considering that short-term pain for long-term stability.What do you think you’d focus on first... paying off that line of credit as fast as possible or jumpstarting the renovation to boost cash flow right away? 

And they won’t do it quick just because you want to buy so you would need to close with some estimates on the sale bill.