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@sfr_sammy
BRRRR·4d ago
Narrow Escape
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@sfr_sammy
Equity 106·Posted 4d ago
BRRRR close: $250k purchase, $70k reab, $350k refi appraisal, $30k captial left
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BRRRR close: $250k purchase, $70k reab, $350k refi appraisal, $30k captial left
Not bad, but let's dive into the numbers. What's the pro-forma rent and how did you arrive at the $350k refi appraisal? Was the loan sized based on a 1.2 DSCR and what's the cap rate? Need more detalis to understand the overall ROI.