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Updated over 2 years ago,
BP rental calculator showing too incorrect cash needed...
I put in a negative amount to represent seller credit to closing and wonder if that's why.
The purchase is $434,500 and I need 10% down + about $12,500 in closing (without the $15k closing credit) and estimating $23,500 for rehab budget.
The calculator says I need $72k cash to close even when I have a line item of -$15,000 closing credit. The closing costs do update to -$2500, but the deal summary doesn't seem to understand the negative.