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Updated over 5 years ago,
Need Analysis of Flip
Even though I have experience with rentals, trying to do a flip for the 1st time. Got a property under contract in Beverly Chicago. I am just trying to find a good contractor and money lenders..
Purchase at 245k, where properties in the neighborhood sold in the range of 370-400K. The house needs windows, nice kitchen, second floor remodel to add bed/bath, windows, concrete etc.
I really have to get a good estimate on these. Any idea on how to estimate the cost of rehab on this.
I am also considering selling the deal to other people as well.