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Updated about 7 years ago on . Most recent reply

Account Closed
  • Orefield, PA
6
Votes |
25
Posts

BRRRR Process Cost Analysis Road Map

Account Closed
  • Orefield, PA
Posted

Hello everyone, 

I'm reaching out to the experienced BRRRR investors (pennsylvania preferably) who can give me a cost analysis for a BRRRR from beginning to end. I realize lender fees vary but what I'm trying to do is draw a map for all the associated fees beginning to end - (percentages of sale price will work also in lieu of exact $).

As an example, I'm looking for itemized cost for a 100K cash purchase with an additional 20K invested for rehab. Refinance at 80% ARV comes out to a 120K loan @ 4.75% rate.

Working under the assumption this is accurate, what other costs reside that need to be accounted for?

User Stats

68
Posts
26
Votes
Lewis Christman
  • Financial Advisor
  • Macungie, PA
26
Votes |
68
Posts
Lewis Christman
  • Financial Advisor
  • Macungie, PA
Replied

I have a worksheet to analyze a deal and the offer needed to make a flip work.  Not sure if that is what you're looking for.

Account Closed
  • Orefield, PA
6
Votes |
25
Posts
Account Closed
  • Orefield, PA
Replied

hi Lewis, I would be interested in seeing what you have. What I was looking at was a itemized breakdown of closing costs both at cash purchase and then again at refi. 

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