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Updated over 6 years ago on . Most recent reply

User Stats

26
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6
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Ignacio Rosenberg
  • Chicago, IL
6
Votes |
26
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Where to put rehab costs in BRRRR calculator

Ignacio Rosenberg
  • Chicago, IL
Posted

We've been looking at getting into the BRRRR game (I mean I'm in Chicago...the brrrr is already here). Looking at the calculator, does it take the rehab amount as part of the hard money loan, or is it assuming it's cash aside from the loan? If I'm borrowing the rehab money from the HML should that go into the purchase cost or into the repair cost in that particular calculator?

Thanks!

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