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Updated over 4 years ago,

Jason A.'s profile image
Jason A.'s profile image
Jason A.
  • New to Real Estate
  • Member since Dec 5, 2019
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16
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2
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Jason A.'s profile image
Jason A.'s profile image
Jason A.
  • New to Real Estate
  • Member since Dec 5, 2019
Connect
Jason A.
  • New to Real Estate
2
Votes |
16
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Using a HELOC for the BRRRR Calculator

Jason A.
  • New to Real Estate
Posted

Greetings,

I'm attempting to analyze a BRRRR deal using the calculator. The initial purchase will be done using a HELOC with a 4% rate and five year tenor. How do I indicate such a loan for the Purchase Loan Details section of the calculator?

I looks like the P&I calculation in the Purchase Loan Details doesn't support a HELOC, only a traditional mortgage loan.

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