Asking for advice and help understanding BRRRR

[Morgan Keller]

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*This link comes directly from our calculators, based on information input by the member who posted.

Hello. We are under contract on our very first deal. We’re hoping to BRRRR. I have read David Greenes book and listened to countless podcasts/videos but cannot figure out how much to pull out after the rehab and rent?

And also, why is my cash flow saying it will be higher after the refinance, what I have read says it will go down because you are taking on more debt. I’m not complaining about more cash flow of course, but just don’t want to be calculating something wrong. 

Any and all advice welcome!! Again, first deal so I’m very nervous even posting this.