I am currently working on a multifamily deal using a cash out refinance to do the down payment. 

The market we are in is expensive.We plan on living in the home for 2 years, and then cash out refinance.

There would not be any short term cashflow rental income since I would be living there, but investors would participate in future appreciation after renovation at the time of a future sale (or future cash out refinance if I stayed in the property) as that upside could be substantial. 

It is a 5bed 2ba home.Originally, I planned to use the BRRR method to refinance the home for my estimated ARV of 110k and pull the cash out to fund the next property.

I have a house I am thinking about buying to BRRRR (Buy, rehab, refinance, reinvest because I want this to by my home and then I will take the remaining money and reinvest to do other properties.)

Purchase price: $150,000 Cash invested: $203,700 Numbers will be updated once the cash-out refinance goes through in a few days.My 3rd BRRR property.

The terms are usually 12-18 months, so you need to either sell the property at the end of the term, or refinance into a long-term rental loan. 

If were to approach a developer to build a multifamily property and the cost would be $2million, how do I determine what the post construction value (for cash out refinance) would be once its filled with tenants.

Then once we have the home we can refinance it later.Hope that helps!

If were to approach a developer to build a multifamily property and the cost would be $2million, how do I determine what the post construction value (for cash out refinance) would be once its filled with tenants.