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All Forum Posts by: Diego Santiago

Diego Santiago has started 1 posts and replied 3 times.

Quote from @Wale Lawal:

@Diego Santiago

Break down the acquisition, rehab & holding, refinance and rental phases of each BRRRR deal with detailed analysis and estimates.

1. Calculate required up-front capital, closing costs, rehab budget, holding costs and cash flow.

2. Estimate how much cash you’ll get back after refinancing and your total invested capital in each property.

3. View dozens of analysis metrics, including cap rates, COC, ROE, ROI, IRR, rent to value, GRM and break-even ratios.

All the best!


 thank you!

Quote from @Tim Herman:

@Diego Santiago you are not using cash. There will be monthly costs of the loan. Upfront points. Need some down payment and have to front cash to the contractor until a draw upon certain completion of the rehab. A made up example. PP 100k. DP 10k. rehab 50k.  Amount of loan from Hard money. 140k. number of points 2. Cash need dp 10k+points 2.8k plus 1/3 of rehab =16.67k plus interest only payments for 6 months and closing costs and appraisal: around 30k in total. In the section you put 10k dp and 140k loan at whatever interest rate it is.


 thank you!

Hi guys I’m a rookie at this and I have spoken to an agent before I make an offer tomorrow I want to cross my T’s and dot my i’s.. in the brrrr calculator I have a favorable report, however I want to make sure I’m inputing the data correctly, in the section that has where you put the cash option (& im using hard money) do I click the button and input cash purchase and then the refi after ? I just want to make sure I’m doing it right!! Thanks in advance!! Wish me luck !!