BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago on . Most recent reply
Detailed cost breakdown of 500 sq. ft renovation down to studs?
I'm considering the purchase of a 4-unit investment property where one unit is going to require a gut rehab basically down to the studs, and I am trying to figure out how to incorporate that into my offer price.
Is anyone willing to break down the cost for something like this? Here's the pertinent info:
Apartment: 500 sq. ft
Foundation: Assume no repairs needed
Roof: Some surface granulation failures, will need to be repaired
Full gut renovation of kitchen, living room, bedroom, and bathroom.
Appreciate any and all thoughts. Thanks, Dan