The BRRRR strategy is a really good one, but be aware that most lenders ,hard money and conventional , require a resting period before allowing a cash out refi.

The midwest is a great place for SFH's and if you know the market and where to look you can get cap rates and COC returns in the double digits.

Meaning a commercial loan will have a slightly different set of legal requirements than a conventional loan and a private loan might not have any of those requirements.  

Conventional loan How did you add value to the deal?

Plus, I'm taking the perspective of an investor who isnt so concerned with reaching the limit of 10 rentals from conventional lending.For the MF investors in SA, is there more that I should think about as I look into MF investing and developing a strategy in SA?

He wants me to refinance my FHA loan with 3.5% interest and 148$ Mortgage insurance premium, To a conventional loan with the same but maybe slightly higher interest rate but no MIP.

@Jose Alberto SerratoMaybe not a cash out refinance....but by refinancing to conventional you will increase cash flow by dropping the pmi on the loan that is roughly .8 - 1% of the loan.

I've completed two Brrrs using conventional financing.

I just launched my first short term rental in Sacramento and now looking for new projects.I've identified a few flip opportunities of single family and multi-family homes and looking to make connections with general contractors and lenders for both conventional and bridge loans.Looking for GC's with experience with investors and flips.Thanks,Jon 

Conventional financing How did you add value to the deal?