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Updated almost 5 years ago on . Most recent reply
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Help running through rehab estimator
The nuts and bolts are as follows:
House built 1941 (Definitely due for reno.)
3 br/ 1 bth --> 4/3 + a stand alone garage
(It looks like it will take a complete demolition of the standing structure.)
Currently a 1265 sqft house/ 6786 sqft lot
ARV Redfin comps: $ 177,701
ARV Craiglist comps: ( I couldn't find anything adequate on craigslist which makes me think that I might be too much house for that particular market?)
Also initially I was preparing to run these numbers through the rehab estimator, I later realized that the fix and flip calc. would be of better service. Was I right in that assumption?
Again any assistance is much appreciated.