Analyzing a BRRRR deal

[Hillary Fox]

How do you analyze a BRRRR deal online without seeing the property? Specially, how to you estimate the rehab costs without line by line items. How do you know if a deal you see online is worth pursuing further. I understand how to do it for a buy and hold that is move in ready, but not for a rehab. Anything helps. Thanks!

[Michael Rutkowski]

I would never even consider buying a flip without walking through it. You will never get an accurate number. Not only that but you need to know the cost of material and labor, in that specific area, plus regulations, permits, SID's, and something else will inevitably pop up.

I would at minimum pay for a contractor to walk through it without you there.