Advice on my first BRRR deal please!
Doing my first property. The attached is a BRRR analysis using 2 loans (buy and refi). I notice that the cash flow is neg but we are buying this place in hopes of holding it for appreciation and our future use in retirement.
1) Are these numbers showstoppers?
2) Are my assumed interest rates right?
3) If these numbers look unacceptable for our long term goal for the property, how can I make them more favorable?
Thank you in advance for any help!
https://www.biggerpockets.com/...
JD