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Updated about 3 years ago on . Most recent reply

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John Mendez
  • Stamford, CT
20
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26
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Calculating Deals w/ BP Tools

John Mendez
  • Stamford, CT
Posted

Hey Everyone, 

I am looking to purchase my 1st deal this year. I plan on using a hard money lender to fund the deal and a partner to help me get through the underwriting process. How do I analyze a deal in my current situation? Should I use the rental calculator or the BRRRR calculator. I don't plan on doing major rehab. All advice is welcomed!

Most Popular Reply

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413
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J Zev J.
  • CPA
  • Colorado Springs, CO
258
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413
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J Zev J.
  • CPA
  • Colorado Springs, CO
Replied

@John Mendez - Because you're going to refi out of the hard money loan you'll want to use the brrrr calculator. 

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