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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 5 years ago on . Most recent reply

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2
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Jackie Mokai
  • Flipper/Rehabber
  • New York, NY
0
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2
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BRRRR refinancing strategies

Jackie Mokai
  • Flipper/Rehabber
  • New York, NY
Posted

In the process of rehabbing one of my first brrrr’s it is a single unit converting into a 4 unit

Pp 55k

Rehab 150k

205k all in

Rent 5500 a month

Comps are 350k

Will this be a easy refinance ? (Using hard money) and if I want to continue doing this what’s the best way to refinance out I plan on owning 40+ units by 2021 thanks for anyone who help

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