how far over budget did you go your first BRRR project

[Najeh Davenport]

so my first out of state investment property is current $7000 over budgets and looks like I have about another $8500 plus materials to go. thoughts? help ideals. the property is about 3000 soft the front side is currently done the back half is still a work in progress 

[Jonathan Greene]

The real question is why are you over budget? Where did you underestimate costs? Once you know this you can plan for this on your next one. What's the ARV of the property? Being $15,000 over budget is not great, but also not specific to you. Even experienced flippers and BRRRRers go over budget, usually for things that we could not see (behind the walls, bad electric, plumbing, etc.).