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All Forum Posts by: Brian Young

Brian Young has started 1 posts and replied 3 times.

Rehabbing & House Flipping

Post: How to find ARV on a fix and flip

Brian YoungPosted
  • Posts 3
  • Votes 0

@Mike Sedlacek thank you so much for the info!!! I’ll check it out!

0 Votes
Rehabbing & House Flipping

Post: How to find ARV on a fix and flip

Brian YoungPosted
  • Posts 3
  • Votes 0

Also I am 21y/o I figure I might have a hard time with lending from a bank given my age, regardless of how much knowledge I might show them. Does anyone have any recommendations on what my best Avenue for lending might be? Thanks in advance.

-Brian

0 Votes
Rehabbing & House Flipping

Post: How to find ARV on a fix and flip

Brian YoungPosted
  • Posts 3
  • Votes 0

Looking at a house in Texas that I’d love to rehab and resell and I just had a few questions.

How would I know how much to budget for a rehab?

(Would I need to schedule a showing with a realtor and have contractor on site at the same time?)

Also how would I best be able to find out ARV on a property?

(Would this involve mainly a realtor checking comps in the area?)

Also is it normal when getting a loan for the property to get a loan amount For purchase price and rehab cost combined or do I need to front the rehab cost?

Thanks again for your time and responses!

-Brian

0 Votes