Refinance, Multifamily apartments

[Rikard Lorén]

When buying a property and the exit is to refinance over and over, what is the best balance to have when it comes to cashflow and using the NOI to improve the property to grab more money at the refinance ?

And does the cash for improving the property and increase the value comes from investors when buying the property or is it from the NOI ?

From my understanding it comes from the NOI but I guess you could bring in extra in the beginning to speed up the process?

Cheers!