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All Forum Posts by: Scott McCray

Scott McCray has started 1 posts and replied 2 times.

Post: BRRRR Success Detail Deal Analysis

Scott McCrayPosted
  • Investor
  • Worldwide
  • Posts 2
  • Votes 0

@AlexBabayev, Question, Did you use your own money for the rehab or did the hard money lender also fund that as well?

Post: [Calc Review] Help me analyze this deal

Scott McCrayPosted
  • Investor
  • Worldwide
  • Posts 2
  • Votes 0

Good Evening BiggerPockets Community,

I recently used the BRRRR calculator to analyze a potential deal. I am new to real estate investing and it would be great to get some extra eyes on this. I thought it was a good deal in the begginning.....but after putting the numbers in, the ROI didn't seem so great. Also, my goal is to not put any of my own money in at all and use a hard money lender. Could someone layout the positives and negatives of this deal? What are the main parts of the calculation should I be looking at?

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*This link comes directly from our calculators, based on information input by the member who posted.