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Updated over 7 years ago,
BRRRR Calculator Question- No Income During Rehab?
Hello all, I have a question that stems from learning more about the BRRRR Calculator and the overall process. When in the rehab phase of such a deal, I would assume that you do not have any monthly income from rent. Lets say it takes you 2 months to rehab a property and get tenants signed on to the lease. Thats 2 months that you would have to be able to cover up front either with your initial loan or your own cash.
How do you account for this when analyzing deals?