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Updated almost 9 years ago on . Most recent reply
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Help analyzing my first flip
Hi BP, i was wondering if i could ask you some info on analyzing my first flip.
i have done rehabs in the past but that was for buy and hold, and one was for my primary residents, so i am somewhat aware of what goes in a house, i just want to make sure every thing is covered.
one area i really struggle with is labor, that is because i normally do the work myself. although with 3 small kids i promised my wife, i would not look at a deal unless it was budgeted for labor.
i would like to know the hidden cost, i will be using HML to buy the house, with a rehab time around 2 months.
if anyone is willing to jump into this with me, i would be more then willing to give you my numbers and the address on the house and maybe you can look over what i am seeing.
Thanks, Jason