Updated over 5 years ago on . Most recent reply
Calculating the 1% rule on a BRRRR
This is probably a dumb question, but just wanted to clarify my thinking.
Say for instance I have a property with the following data:
Purchase Price: $50k
Rehab: $20k
All In Total: $70k
ARV: $100k
Monthly rent: $750
Money left in the deal after 70% refi: $0
When calculating the 1% rule, should I be doing that on the ARV or the All In Total? Am I missing something else here?