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Updated over 6 years ago,

User Stats

218
Posts
282
Votes
Sunny Burns
  • Rental Property Investor
  • Garfield, NJ
282
Votes |
218
Posts

The Best One Sheet Financial Overview Spreadsheet Ever Made!

Sunny Burns
  • Rental Property Investor
  • Garfield, NJ
Posted

So we just finished step 3 of the BRRR method on our first real estate purchase. Never could've done it without biggerpockets as you can read from the post where we got a lot of advice and support here.

But long story short, we bought our first property one year ago, yesterday. A four family for $430k, we put 10% down and put $25k into it. We just closed on our Cash-Out refinance and the property appraised fro $550k($120k over what we bought it for) and we were able to pull out $67k in a cash-out refinance. And now we are ready for the "Repeat" part :)

Anyway during the refinance process, I created a spreadsheet to help my banker better understand our financial status. I wanted to share it with the biggerpockets community, because this is such a great community, and I think this simple format can help people really organize their finances, and help get them a mortgage.

So in the title I say "Best spreadsheet ever made", really its the best spreadsheet I've ever made... hope people find it helpful, let me know if you have any questions about it. I create a binder of all the bank statements, investments and numbered it using Adobe Acrobat.

Spreadsheet can be found on Google Sheets Here.

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