Question about using the BRRRR calculator

[Susan Lisman]

This may be a ridiculous question - 

I have been using the BP calculators as I examine my options in the Philadelphia area.

I will be drawing my full purchase price and repair costs from a personal line of credit and intend to refinance once I get a renter in the space.  When using the calculator should I be entering in the complete amount or just the purchase price.

For example - if I am buying a property at $150k and using an additional $30k from my line of credit to rehab - do I enter the loan amount at $150k or $180k?  I have been using the larger number, but I want to be sure I am not skewing my results. 

[Chris Seveney]

if your refinancing it, how much will the loan be? That is the amount to be inputting