Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

37
Posts
15
Votes
Jordi Valado
15
Votes |
37
Posts

BRRRR - Refinance Help

Jordi Valado
Posted

Hello, I've been using a calculator to analyze deals and when it comes to the refinance portion. I'm able to pull my money out but the PITI with the new mortgage payment ruins my cashflow. Does anyone have any advice on this? I've links my calculator below if you'd like to play around with it and maybe you'll spot the issue. BRRRR Calculator (cells in gray can be edited) 

Most Popular Reply

User Stats

526
Posts
355
Votes
Greg Kasmer
  • Rental Property Investor
  • Philadelphia
355
Votes |
526
Posts
Greg Kasmer
  • Rental Property Investor
  • Philadelphia
Replied

Jordi - I would double check cell Y18, your loan amount. If the ARV is 165k, then at 70% LTV your new loan amount would be closer to $115k. This would decrease your monthly payment and increase your cash flow. However, you'll leave more cash in the deal. Good Luck!

Loading replies...