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Updated over 6 years ago,

User Stats

38
Posts
12
Votes
Bill Dengler
  • Stormville, NY
12
Votes |
38
Posts

BRRR Calculator and HELOCs

Bill Dengler
  • Stormville, NY
Posted

When using the BRRR calculator under the "Purchase Loan Details", you can choose either cash or financing. I plan to use a HELOC to pay for the entire purchase. To get an accurate estimate, what inputs should I use? Do I just check off cash, but then what about the financing rates on the HELOC. If I choose a down payment, then I can only choose up to 50%, but I am putting 100%. I just want to make sure I get the math correct before making an offer on my first deal. Any insight would be really appreciated.

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