HELP! Using the BRRRR Calculator with a HML 100% rehab funded
Hey everyone,
I'm trying to run the Brrrr calculator correctly. Using a Hard Money Lender that is finding 80% of the Purchase price and 100% of the rehab. So what I've been doing on the calculator is putting my purchase price as the full funded project rehab and everything. I am constantly getting confused with the results and just end up doing it out myself on paper which is not really time effective. Wanted ANYONES insight if they figured this out. I'm sure someone else gets a HML loan with the rehab being 100% funded.