How do i know how much the rehab will cost?

[Denny Knapp]

Hi BP community. I just joined BP pro and im stoked to get started. I seen somewhere where there was some info on how to estimate how much the rehabs will cost i just dont know where it is. also can someone tell me how i will know what the ARV will be? Thank you all so much!

[Zachary Deal]

Finding a local RE agent is a great way to determine ARV. Also, doing your own research on newly renovated or constructed homes that have recently sold in the area on Zillow or similar websites can be a good first step as well. A lender or appraiser will typically use the most recent MLS comps (for updated properties) in the area to determine ARV.