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Kristin Riker
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how to use BRRRR calculator with bridge loan

Kristin Riker
Pro Member
Posted Nov 25 2022, 09:32

Hey All,

Not sure if I'm doing this right but when using the BP BRRRR calculator, if I was to get a bridge loan then refinance into a 30 year fixed.

For the 'purchase loan details'

Down payment, loan interest rate but then when it asks for amortized over how many years a bridge loan would be 1, refinancing after 6 months correct?

Then under refinance loan details, the loan amount would be 70% of ARV and I tried to be conservative with an 8% interest rate.

Not sure If I'm doing this right as Ive come back with some very skewed numbers.

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Nathan K.
Pro Member
  • Investor
  • Northern Virginia
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Nathan K.
Pro Member
  • Investor
  • Northern Virginia
Replied Dec 7 2022, 09:37

Consider DealCheck's premium membership. They let you put multiple loans on their calculator that is just as solid as BP's. I think it's $30/month but I'm sure you can do a free trial just to see what I'm referencing. Hopefully this helps.