Tim Rutledge
AVG. $/PSF COSTS FOR GUT REHAB VS. GROUND UP CONSTRUCTION - ATLANTA METRO AREA?
Hi all. This post is for those familiar with construction costs in the Atlanta Metro Area. I'm looking to invest in multi-family properties/projects in Atlanta and although I am very familiar with development costs in...
Blake Schreck
NJ 4-PLEX Deal Buy and Hold. Rehab Costs is holding me BAck?
So i got this deal in the hopper for a 4 plex in NJ. its listed at 199K right now, short sale. And is inhabitable. Complete Rehab. Good bones though and nice brick outside. 2- 2bedroom units & 2- 3Bedroom units. E...
Michael Koch
via the BRRRR, are rehab costs an expense but refi just a loan?
After my first year of doing a couple BRRRRs, I'm trying to wrap my head around the money we pull out via refi. Is it accurate to say that the money put into the rehab considered an expense (i.e. painting, new fixture...
Francine Y.
Birddog seeking Levrage and money Partner to cover cost of REO rehab Deals
Hi everyone:) well I am a property hunter for big time investors. I'v been doing this for a little over a year. I am intrigued about the investing part of this Business. I am seeking an investor loan /and partner to h...
Tina Devine
What is the best way to estimate repair/rehab costs on vacant properties
I am new to R.E. investing. I started a yellow letter marketing campaign and I received my first phone call today. I targeted boarded up properties. I can figure out the ARV, but I don't know how to estimate repair co...
Christopher Winkler
What Do You Do When The Rehab Costs What The House Is Worth?
We foreclosed on a note on a 2/1 SFR that ended up coming with renters. They did not want to buy it, so we finally had a chance to see inside and the house is a mess. Needs everything, foundation bad, so floors are bo...
John Ziomek
Cash out refi based on purchase price and rehab cost and not ARV
Spoke with a lender yesterday who said they would base their refi numbers on the purchase price and rehab costs and not the ARV. Has anyone out there dealt with something like this?
Roy Palmer
Savings/ business credit for rehab costs + traditional FHA for mortgage or FHA 203K?
Hello all,
As my girlfriend and I look to purchase our first househack, we are curious about the pros and cons of using savings/business credit for rehab costs vs. folding costs into the mortgage with a 203K loan.
...
Lee Cruz
Can i Brrrr with 25% down and rehab costs then bridge into loan?
I only have enough cash for a downpayment and rehab costs. About 50k total for the regular 100k to 150k properties around here.Question 1:Im still tryiing to understand the brrrr strategy. To refinance, arent i only a...
Emily Berry
Including Repair Costs in Bank Loan If Property Appraises for Purchase Price + Rehab
Good morning, BiggerPockets Community.I am going to buy my dad's house for my first flip. Orignally, I was going to buy the house for $200,000 and use either hard money or a HELOC for the rehab costs. Then I thought I...