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Updated about 3 years ago on . Most recent reply
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Hey everyone! New investor here, could use some help.
So, Ive got a property under contract. But the numbers arent making sense (I checked them using BP calcs and the BRRRR calc is telling me ill be able to pull all my money out of the deal, but my lender is saying it wont happen.. 2 unit property. 25% down 3.875%
Purchase - 230k
Rehab - 10k
ARV - 255k
Rents - 2k/month