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Updated over 4 years ago on . Most recent reply

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[Calc Review] Help me analyze this deal

Mason Aulsbrook
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Thoughts on this property? This is a BRRRR property. Would you use the Total 80% from appraisal to minimize out of pockets which generates less cash flow or use less and more out of pocket for more cash flow? Also what loan term do you typically do? 15-20-30?

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Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
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Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
Replied

What is more important to you? The cash flow or having that money available to you again to purchase the next property? And have you found a source that will lend you 80% LTV? We're seeing cash out re-fi rates in the 70-75% range max.

  • Bonnie Low
  • [email protected]
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