[Calc Review] Help me analyze this deal
Hello BP community!
I am an aspiring investor and a new user of the BP calculators, normally I would prefer to build my own spreadsheets, but here I am trying to innovate myself and become more efficient in the analysis process.
Unfortunately, my spreadsheet results for this deal defer A LOT from what this report shows and I just want to clear some basic concepts that maybe I am missing out.
While using the BRRRR Strategy, should I consider in the "Aquisition Loan" the cost of the "Estimated Repairs" ? Or is it normal to have a different Loan for that? Or should I have the " enough cash reserves" to put it on the deal? If so, then it is imperative for a BRRRR strategy to work that the loan of the Refinance, after all repairs are made, covers completely or almost completely the Aquisition Loan, right?
Thanks for everything!
Stay safe in this complex times!
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