I am using hard money for $105k.

Not a bad idea to grab yourself a musical chair, have a sit and a listen and a think.Can't hurt, and you don't have to sit for any particular length of time.

His humor is definitely of the leftist and snarky variety, so...trigger warning, it definitely won't amuse everybody.https://www.youtube.com/watch?

I have attached a report of a property near us using the BRRRR calc and it seems like a pretty great deal, but I am not certain that I am using the calculator correctly.

I am using the Rental Property calculator and have run multiple scenarios and still have yet to find a scenario that makes a purchase worth while.

The property under contract:  I found a 3/1 930sqft pre-foreclosure bungalow off MLS listed at $185k, I am using conventional financing but was able to beat out a cash buyer by asking the wholesaler what profits they were expecting to make and cutting them a $10k check and entering into a contract with the homeowner directly at $175k.

For asset protection reasons & personal security I am using an alternative name.

For me, if I am keeping the original cabinets I am using laminate counters from home depot.  

My follow up question is this: If I am using private money for purchase and rehab costs, the private money loan + interest should be less than 126k so that it can be paid off by the refinance? 

If I use IRA money to purchase a home and am using the BRRRR method.