Good deal and the wholesaler said it's your first and you want to calculate the cost of the entire project cycle to see what kind of cash you need behind you.Downpayment: 15% or100k = 15kClosing costs for lender: 2% on 165k loan (3300), junk fees(legal, UW, wiring, etc) 1500Closing Costs for Title: 1200Transfer Tax: you'll pay half or all in some cases, read your contract. 

I'm fairly new to the BRRR method myself, but did attend his podcast this week and have run 10 different properties throught he BRRR calculator on here. 

A huge factor in calculating the ARV is "time on market". 

Quote from @Dan Levy: My loan was transferred to Selene Finance, and it's a nightmare ever since.I have many different loans with various lenders, millions paid with no problem, but with Selene it just doesn't work.Selene has misallocated funds and sent me letters that I owe them, but every time I call in they say “oh we see the problem and will fix it” only to have to call again and explain the whole fiasco and them tell me that they will check.2 times we agreed on the sum I owe, I paid it in full the same day, only to have it returned to me a few days later, and after calling them again, they said that they did the calculation wrong.I'm on daily calls with them for months now, nothing is solved, and they keep charging me penalties for not paying in time, payments they refuse to receive and return although sent after their request.After hundreds of hours over the phone, I think my only solution is to take a lawyer to help me.Any recommendation for a good lawyer who can help me with that?

Nick, so based on the $100k initial investment, a 6% preferred return is calculated at the very end of the syndication or the fund, and it's cumulative, and it takes account of how many years the investment/fund was operating...true? 

I provided the roof measurements and he calculate the amount of material needed, he admitted, without inspecting the roofs. 

@Rene Van Wonderen congratulations on having so much gain to worry about.Her are some point in no particular order.You should be entitled to the homeowner gain exclusion of up to $500K for a married couple is you have lived there 2 out of the last 5 yearsloan amounts borrowed or due have nothing to do with the calculation of the gain. 

You have to act now and hope the agent underwriting for you isn't off in his calculations, you gotta pray that the GC can do a good job in the time he said and that he can get the job done to the quality of the comps we need to be at, and you can only wish that the exit agent ain't lookin to list and then reduce big and make the sale easy for him and he can just collect his 3% and hit the beach in Florida. 

Are you better with a calculator or a square?

Hey AJ,You’ll need to call the county assessor directly and ask for the formula they use to calculate property taxes—every county in Georgia calculates it differently.But fair warning: I’ve had experience dealing with several counties in Georgia, and they rarely give a straight answer.