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Updated about 2 years ago,
How do I use "Hard Money" in the calculator | Finance Help
I Have several hard money and private money offers, but I want to model it properly for my partner.
How Do I use the BP Calculator for BRRR where the initial year is Hard money and then converted to a secure loan. I entered $60,000 for repairs, but we'll get the purchase price and the repair from the initial Hard Money source---- should I change the hard money loan principal or leave the 'repair cost $' as I have it?
*This link comes directly from our calculators, based on information input by the member who posted.