Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
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 2 years ago,

User Stats

5
Posts
0
Votes
Michael Litle
0
Votes |
5
Posts

BP rental calculator showing too incorrect cash needed...

Michael Litle
Posted

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.