Know exactly how much equity you have and what you can do with it. Freddie calculates equity position, LTV, and refinance potential on any property.
Dan White, 20-year fix-and-flip veteran in Northern Virginia, used FreeDealCalc to analyze a $130,000 wholetail opportunity in under 5 minutes. No spreadsheet. No paid software. Just Freddie.


"I've been flipping houses for 20 years and I built this tool because nothing free was actually good enough. Freddie does what I used to do with spreadsheets — but in seconds, for free, for every investor who needs it."
A buyer who purchases this property as a wholetail deal undertakes all renovation work at their own direction, cost, and risk. The seller makes no representations regarding property condition and all sales are as-is. Buyer is responsible for all due diligence, inspections, and compliance with local codes and regulations.
Equity equals current market value minus all outstanding loan balances and liens on the property. If your property is worth $350K and you owe $220K, you have $130K in equity. Track equity across your portfolio to identify refinance and sell opportunities.
Most lenders want to see at least 20% equity (80% LTV) for conventional refinancing. BRRRR investors target 25-30% equity post-refinance. Investors with over 50% equity have strong flexibility — they can refinance, HELOC, or sell at any time.
Buying below market value and renovating adds equity immediately rather than waiting for market appreciation. A $50K renovation that adds $80K in value creates $30K of instant equity — that's forced appreciation. Freddie calculates your equity gain from any planned renovation.
Yes — through cash-out refinance, HELOC, or cross-collateralization. Cash-out refinance replaces your existing mortgage with a larger one and gives you cash. A HELOC provides a revolving line of credit against your equity. Both are common strategies for portfolio scaling.
Equity is property-specific — value minus debt on that asset. Net worth includes all assets (real estate equity, cash, investments) minus all liabilities (all debts). Your real estate equity is a component of your total net worth.
Pull equity when the return on deployed capital exceeds your cost of borrowing. If you can refinance at 7% and deploy into a deal returning 15%+, pull the equity. If you can't find deals beating your borrowing cost, let equity sit and compound through appreciation.
Free forever. No credit card. No spreadsheet. Just Freddie.