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Updated about 5 years ago,
All my potential properties show negative cash flow on BRRRR calc
So I've been networking around and I've gotten in touch with a lot of real estate agents and Wholesalers who have been sending me a bunch of potential deals. I'm also in touch with a couple of Hard money lenders so my network is coming along pretty well.
I'm pretty set on Using BRRRR for my deals as opposed to flipping.
With that being said, none of the deals that I'm getting are making sense when I put them in the BRRRR calculator.
Not sure if I'm doing something wrong but no matter what the discount is on the property almost all of the properties that I put in are coming out cash flowing negatively.
Has anyone experienced this with the BRRRR calculator?