Run your cash flow numbers over the next few years and see how long it takes you to hit 20% in equity (don't forget transaction costs), and there is your target date for the refinance.A 4-plex is considered a residential loan vs. a commercial loan for your 40-unit, which are structured very different and won't have as many low/no money down options.Sounds like a great opportunity! 

Once that's sorted out its about finding out how you want to structure your campaign the nitty gritty things like keywords, bid strategy, etc... 

If the deals are structured correctly you can often get a much lower down payment as well as interest throughout the term of the loan.

I'm looking to buy a value-add property in the Kansas City area and essentially doing the BRRRR method.

Looking for some insight from those who have structured their own deals before. 

One method that I've been doing consistently over the years (and even to this day) is sending out offers to owners directly. 

There are certain benefits of starting an LLC (legal protection of your assets, with a proper structure - some tax savings, etc.), but there are also costs and time required, so I would advice to start as a partnership, and form an LLC if you decide to keep doing it on a regular basis.

My question is: does the BRRRR method work with true turnkey properties?

I close on my first property at the end of the week in which I am using the BRRRR Method.

I would much rather have them put a bonus structure in place where I would pay them less in property management fees (say 7% to 8%) and then give a bonus on top of that if they collect my rents on time.