BRRR Multi Family Modeling

[Mitch Hohlen]

Hey everyone!

When using the BRRR calculator on Bigger Pockets, I have a couple questions about what numbers I should be entering..

1) Under the "purchase loan details" is it most common to amortize your initial, shorter term loan over 20 years? 

2) Under the "Refinance loan details" if i plan to sell the complex at the end of 5 years, but refinance after 2, do I still enter the same amortization as if i wouldn't be selling? I.e if I were just going to hold on to the property for 20 years. 

3) Under the "income" and "expense" sections, do I put the current numbers that the property is yielding, or numbers which i think it will run at after i have purchased, remodeled and leased it back up? 

Thanks in advance for everyone's advice!