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Updated over 6 years ago on . Most recent reply

User Stats

74
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10
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Gerardo Lewis
  • Investor
  • Winter Haven, FL
10
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74
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Is this too much for a rehab budget?

Gerardo Lewis
  • Investor
  • Winter Haven, FL
Posted

Hey BP just wondering about something. I'm putting together a few reports for the banks I'm going to be going to for lending and my contractor put together a few quotes for me to redo the bathrooms and kitchens on a 4 plex I'm looking at. In total the rehab will be around 80k so I'm wondering is that way too high?? or am I just overthinking this (which is something i tend to do for big decisions).

Most Popular Reply

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3,926
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
4,385
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3,926
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied
@Gerardo Lewis it depends on the sizes and finishes but $20k per kitchen and bath isnt high.

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