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Updated over 7 years ago,

Tom Chen's profile image
Tom Chen's profile image
Tom Chen
  • Real Estate Investor
  • from Flushing, NY
  • Member since Dec 14, 2016
Connect

User Stats

210
Posts
77
Votes
Tom Chen's profile image
Tom Chen's profile image
Tom Chen
  • Real Estate Investor
  • from Flushing, NY
  • Member since Dec 14, 2016
Connect
Tom Chen
  • Real Estate Investor
  • Flushing, NY
77
Votes |
210
Posts
Land & New Construction

Roof replacement - ARV - BRRRR

Tom Chen
  • Real Estate Investor
  • Flushing, NY
Posted

Hello BP family,

Just a quick question...

When you put a new roof on, can you recoup that cost at the refi?

In other words, the duplex I bought was $45k.

A new roof, 2nd floor floors and kitchen ran me approximately $16k.

When I go to refi, will the duplex now be valued at $60k+?

Other duplexes that have been rehabbed seem to also run around the 60s - 70s. 

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