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Updated almost 6 years ago,
Calculate Closing Cost when Using a HELOC
I am considering purchasing a property using the BRRRR strategy. It's a 3bds, 2ba and I plan on offering $50k for the property. To finance the deal, I will use my HELOC which should cover the cost of the property and the rehab. Since I'm not using a traditional mortgage to finance the property, how should I calculate the closing cost with the BRRRR calculator?