using the calculator for brrrr/ hard money loan

[Sholei Foster]

If I use a hard money loan for the acquisition, would I leave the "cash price" unchecked? If I check the box I have all the drop downs I would use except for the amortization years. Unless I am supposed to put 1 year, if my hard money loan would be 1 year? Also, with hard money loans, is there p&I associated with them? If so, do they get paid back their loan when I refinance? Just want to make sure and thanks in advance. 

[Matthew Crivelli]

@Sholei Foster No! The seasoning requirements for bridge loans never exceeds 6 months. I know we only need 90 days, and there are even some who need zero seasoning for a refi. Also most bridge loans don't have any pre payment penalty so you can sell at any point.