Hi BP,
Can someone please help. I am new to all of this. Just joined Pro last night, trying out calculator today on some real opportunities so I want to do it right. Question I am using the BRRR calculator. There are two sections for loan details on page 2 of the calculator First section is for the initial "purchase loan details", and the second is for the "refinance loan details". This question is about one of the boxes required under the "purchase loan details", .......the box for "amortized over how many years". It is my understanding that in most of these BRRR deals, the initial deal is done with some kind of hard money or in my case a HELOC. So there isn't a amortization period for this money. So my question is what should I put in this box when filling out page 2. Maybe leave it blank? Maybe fut in 1, because I would hope to refi in 12 months.
thanks for your help
