Help me use the Buy and Hold Calculator

[Dennis Parslow]

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*This link comes directly from our calculators, based on information input by the member who posted.

I'm not clear on how to use the calculator for a BRRRR.  Which loan do you provide the rate and term for; the rehab, or the conventional later?

[Neil Henderson]

The conventional lender. The BP BRRRR calculator doesn't really allow you to factor in any outside loans that you use to purchase and rehab the property, like a hard money loan. I typically use another spreadsheet or I just do the math separately to calculate my holding costs.