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Updated about 2 years ago,

Domingo Alpajora's profile image
Domingo Alpajora's profile image
Domingo Alpajora
  • from 08021
  • Member since May 18, 2018
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Domingo Alpajora's profile image
Domingo Alpajora's profile image
Domingo Alpajora
  • from 08021
  • Member since May 18, 2018
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Domingo Alpajora
  • 08021
3
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9
Posts
Real Estate Deal Analysis & Advice

BRRRR calculator utilizing an FHA 203K Loan

Domingo Alpajora
  • 08021
Posted

Hello everyone, dumb question but wanted advice on using a BRRRR calculator while utilizing an FHA 203k loan. My numbers seem a little bit off.

When I input the purchase price into the calculator, do I input the initial sales price of the home? Or the initial sales price (+) rehab cost since I am using a 203k loan?

Example: Home selling for 150k but needs 50k worth of rehab. BRRRR calculator initially asks purchase price: Do I input 150k? or 200k?

Just wanted to make sure my numbers are tight for the calculator. Any input is appreciated

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