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Updated over 5 years ago,

Rene Orlando Gonzales's profile image
Rene Orlando Gonzales's profile image
Rene Orlando Gonzales
  • from Turlock, CA
  • Member since Sep 23, 2017
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Rene Orlando Gonzales's profile image
Rene Orlando Gonzales's profile image
Rene Orlando Gonzales
  • from Turlock, CA
  • Member since Sep 23, 2017
Connect
Rene Orlando Gonzales
  • Turlock, CA
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Local Real Estate Networking

looking for areas to BRRRR

Rene Orlando Gonzales
  • Turlock, CA
Posted

I'm new to REI. I'm a PRO member and have been practicing analyzing deals from MLS listings. I have some areas of concern. 1. with cheaper properties 30-40k will the house be able to appraise below 75% ARV to do the cash-out refi? eg. 30-35k purchase with 30-35k rehab then hoping for a 100k ARV. 2. with these cheaper properties is 30-35k enough to a complete rehab just to get the property rent ready?

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