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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 3 months ago on . Most recent reply

User Stats

4
Posts
3
Votes
Joel Bayer
3
Votes |
4
Posts

I need help using the BRRR Calculator

Joel Bayer
Posted

Hello Bigger Pockets, I am hoping someone can help me figure out what I am doing wrong using the BRRR Calculator. I putting 20% down on a property and financing the rest. I am also getting financing on 100% of the rehab. I entered the purchase price less my down money in the purchase section and the rehab amount in the rehab section. I entered interest only for the loan. How do I get the calculator to calculate interest for both the purchase price and the rehab. It seems to be only calculating the interest on the purchase price less the down payment. If anyone can help me I would appreciate it.

  • Joel Bayer
  • Most Popular Reply

    User Stats

    61
    Posts
    30
    Votes
    Cam Schwartz
    • Lender
    • Chicago, IL
    30
    Votes |
    61
    Posts
    Cam Schwartz
    • Lender
    • Chicago, IL
    Replied

    Hey Joel, I know others have run into similar issues with the BRRRR calculator. For that reason I built a full-functioning cash flow model taking into account hard money, the mortgage refinance and all relevant operating expenses to assess monthly cash flow. I've shared with my clients and the investors in my network and happy to shoot over via email if helpful!

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