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305: The Rookie’s Guide to Analyzing Rental Properties and Airbnbs in 2023
Real Estate Rookie
How to Calculate Your Refinance Cost
For this one, I ran it with $140,000 as the purchase price. And then for the refinance, I'd like to do a residential loan at 30 years. So that's with me leaving 5,000 of my purchase price into the deal. The rehab is estimated at 10,000 but I really think the rehab is going to be less than that. But there's a couple other little updates that I want to do to clean up the property. so I'm only pulling out 135,000 from the deal on this property,. but I have the 150,000 left over if I buy another house.
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