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@sfr_sammy
BRRRR·2d ago
Loan Leverage
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@sfr_sammy
Equity 106·Posted 2d ago
Just closed a BRRRR with 80% LTV loan, $150k purcchase, $50k rehab, $250k refi appraisal. $30k capital left in, high-risk, high-reward strategy yielding 25% ROI.
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Just closed a BRRRR with 80% LTV loan, $150k purcchase, $50k rehab, $250k refi appraisal. $30k capital left in, high-risk, high-reward strategy yielding 25% ROI.
That's aggressive, what are the vacancy assumptions and how's CAM reconciliation handled? Also, what's the credit profile of the tenants?