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Updated over 4 years ago on .

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Partially Finished House in Foreclosure

Zachary Toothman
Posted

Hey All, I'm new to Bigger Pockets and starting to analyze my first deals. I came across a home that's on the foreclosure market for $89K. Somebody had started to renovate the project but it has a long way to go. I've been in and have made notes on all the things that need completed but it's difficult to know how much work will be required on some of the partially finished projects. I'm coming up with close to $100K in renovation cost but I'm not sure if that's too conservative. Any advice for honing these repair estimates?