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Updated over 5 years ago,

User Stats

16
Posts
4
Votes
Ronald Logan
  • New to Real Estate
  • Mooresville, NC
4
Votes |
16
Posts

BRRRR or Rent Analysis Tool - Data Input Question

Ronald Logan
  • New to Real Estate
  • Mooresville, NC
Posted

Folks- I seem to be in a situation where I cannot make sense of this yet I am sure there is a simple explanation which I am clearly overlooking.

When using the BRRRR or Rent Analysis Tools, if I am using a money partner &/or HML to acquire a given property, how does this get input into the "Purchase loan details"?

Do I put in "Cash"

OR

0% down, then

Loan rates at 10% (using this as an example for partner)

5 points (Points for HML, (Again as an example))

Interest Only

OR Other?

I figured for a BRRRR I would place in the holding cost for rehab in the Repairs section

I hope this makes sense..

Please help as this is driving me crazy and I cannot seem to make the numbers work, even when using ridiculous small numbers.

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