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Updated almost 8 years ago on . Most recent reply

Using Heloc with BP BRRRR Caluculator
Using my Primary Residence HELOC to start the BRRRR process on a few rental properties - how would I use the BRRR calculator to input the information, since it is not really a Cash purchase (I still make payments on the interest on the HELOC) and its not a mortgage because I am able to buy these properties cash with the HELOC.
Any help appreciated!
Thank you!
Most Popular Reply

Loan amount = draw amount, rate = rate, and since most HELOCs are i/o check the i/o box.