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Updated over 1 year ago on . Most recent reply

User Stats

138
Posts
84
Votes
Seth Wilcock
  • Lender
  • Greenwood, IN
84
Votes |
138
Posts

Need a 2nd Opinion

Seth Wilcock
  • Lender
  • Greenwood, IN
Posted

I'm under contract on this property and I'm looking for a second opinion on this project.  

Would you do this deal? 3/2 single family residence BRRRR in St. Louis. The property needs some foundation/moisture mitigation work, a trash out, and a full rehab. Gross rent will be $1,000/mo on the low end, and $1,200/mo on the high end. A bid for the foundation and rehab are below.

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*This link comes directly from our calculators, based on information input by the member who posted.


Foundation/moisture mitigation bid:

Rehab/Renovation Bid:

https://drive.google.com/file/d/152kHeajMwed3ESagi4IN304sUmU..



  • Seth Wilcock
business profile image
Resolute Lending Powered by IMB

Most Popular Reply

User Stats

138
Posts
84
Votes
Seth Wilcock
  • Lender
  • Greenwood, IN
84
Votes |
138
Posts
Seth Wilcock
  • Lender
  • Greenwood, IN
Replied

Hi @Lee Wilber - there is a large back room/addition where I was going to put up a partition and separate that room from the hallway.  It's a good size and could easily be the master bedroom.  It has a window already, I just need to add a closet to make it conforming.

  • Seth Wilcock
business profile image
Resolute Lending Powered by IMB

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