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Updated almost 12 years ago,

User Stats

52
Posts
2
Votes
Jeff Wells
  • Rehabber
  • Yucaipa, CA
2
Votes |
52
Posts

FIRST DEAL PENDING! NEED ADVICE

Jeff Wells
  • Rehabber
  • Yucaipa, CA
Posted

Location: Oklahoma

House: sfr 990sqft 2/1

ARV: 35-45k

Purchase price: 4k owner carry, will pay him after we flip

The situation: I have this house under contract with a 15 day option to back out.
This house had a moderate fire. The current owner bought and gutted the inside of the place down to the studs. They installed a new electrical panel and rewired I think 2 of the rooms already. Also installed new windows. The outside could use some sprucing up, but nothing bad. No framing or rafters are burned, but it's pretty bare bones. Walls intact. I need to know based on your experiences, what the good rehab cost should be on this. We have an idea, but I don't wanna say what we think until you guys who have done it tell us what YOU think. Thank you in advance!
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