Professional help to arrive at cost to rehab

[Sunitha Alli]

We are making an offer on an 1940 built home in down town Denver.  This home is 750 sqft with 750 sqft in basement. Lot size 4500 sqft. There are tenants living in the home.  Home is not well kept and needs a lot work. 

Can I hire a professional who walk through the property and provide a more valid estimate of cost to fix the home?  . 

I need to budget the fixing cost before making an offer. Kindly help.

Thank you

Sunitha

[Brian Pulaski]

You can try and find a local GC who is willing to go there with you, however this might be tough. Most contractors are reluctant to walk a property with someone who doesn't own the property. The chances they get the job are very slim. They might be willing to do it if you offer to pay them, but rarely do I hear this happen.

Have you viewed the house? Do you have any construction background or experience? There are books out there that you can read to assist you in determining rehab costs/budgets without the need to hire someone before you are under contract to buy. All flippers really should take the time to learn how to accurately budget for a flip.