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All Forum Posts by: Shravan Gali

Shravan Gali has started 5 posts and replied 17 times.

Post: ISO Hard Money lender for a deal in California

Shravan GaliPosted
  • Posts 19
  • Votes 7

Thank you, Erik. Will look into it. 

Post: ISO Hard Money lender for a deal in California

Shravan GaliPosted
  • Posts 19
  • Votes 7

Hi, I'm looking for a Hard Money lender who can fund a deal in California. Thank you! 

Thanks, Alan. I will speak to my GC about that. 

Quote from @Kyle Ebersole:

Take that other floor down to the subfloor to get it as close as possible. As Alan said, level and even are completely different. Put a transition strip in there and take away the tripping hazard and it won't affect the ARV at all. Floors that are sloping, have dips in them, or aren't level, using the ball trick that Alan brought up, that is where your ARV takes a hit.


 Thank you, Kyle. 

Quote from @Alan F.:
Quote from @Shravan Gali:

Hi Folks, Can someone please help me with my dilemma here? 

The floors in our property (which is going through rehab) are not level. We have an option to add a transition material(cheaper option) or we need to level the flooring for whole house - My GC says it would increase the budget by $3500 and my realtor said that this is a big deal when it comes to getting full ARV when we sell.

Is this a big deal? Appreciate any help I can get here to make the decision. Thank you! 


 You want that transition to not be a trip hazard or ugly. If that's underlayment on top of the subflooring, get rid of it. Its always better to have one even floor. I don't know the whole picture though...is it a retail flip? Flip for rent? Neighborhood class? Comps? Tile/wood/LVP?

BTW level is different from even ;)

Old trick when I walk a house, I set a metal ball on floor, if it rolls away, the floor isnt "level"


 Thank you, Alan. Super helpful. I will discuss with my GC. And also thanks for the metal ball trick.

Quote from @Alecia Loveless:

@Shravan Gali The only new construction in my area is million dollar custom built homes. The average age of a house is probably 70 years old. If we worried about level or sloping or uneven floors our values wouldn’t have gone up on average by 200% the past 2 years.

In my personal home the floor drops by over 2” in the living room but there are no cracks in the walls or doors that do not shut to indicate any problems with the foundation which I also had looked at when I bought the place for just that reason

Different areas different criteria.


 Thank you, Alecia. Appreciate the insight. 

Hi Folks, Can someone please help me with my dilemma here? 

The floors in our property (which is going through rehab) are not level. We have an option to add a transition material(cheaper option) or we need to level the flooring for whole house - My GC says it would increase the budget by $3500 and my realtor said that this is a big deal when it comes to getting full ARV when we sell.

Is this a big deal? Appreciate any help I can get here to make the decision. Thank you!