New Investor – Preapproved & Starting Ground Research | BRRRR Spreadsheet Feedback Wa

[Charles Lundquist]

Hi BP Community,

I'm a newer investor and just got preapproved for a mortgage. I'm planning to use the BRRRR strategy and want to make the most of the next few months doing solid ground research before making my first offer.

I built a BRRRR Deal Analyzer in Excel to help evaluate potential properties—factoring in purchase, rehab, refinance, rent, and projected returns—but I know I'm still green. I'd love to get feedback from more experienced investors on whether my spreadsheet makes sense or if I'm missing anything major.

Click here for spreadsheet: BRRRR Analyzer

If anyone is willing to share a copy or screenshot of a BRRRR spreadsheet they use for deal analysis or research, that would be incredibly helpful for comparison and learning.

My goal is to buy a small multi-family I can house hack—ideally something with cosmetic value-add potential.

Thanks in advance for any guidance! Let me know if there’s anything I can help with in return.

—
Charles L.
NYC Teacher | Aspiring House Hacker