I got good at estimating renovation costs by making an initial estimate based on photos/walkthrough, drawing up a model like you see here, then once the project is finished, go to accounting, get the actual expense report for that property, and update the model.

(no waiting period to simply refi what is owed) DSCR programs are not purchased by Fannie/Freddie so they can set their own rules and some have a waiting period as short as 3 months. 

To update this, we are closing on this loan on Tuesday.

Periodically checking the realtor.com and zillow "sold" listings in your areas of interest will keep you generally informed on what properties are actually selling for.Feel free to reach out with any questions during your research phase, happy to share some additional stats/info.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.I am also fully licensed for primary and secondary homes in Florida.We are all here to help you learn and grow.

@Ahmed Moustafa usually the loan servicer has the say with regards to a waiting period.

We are considering a new policy at BiggerPockets and request feedback.Idea: Update our website policy such that "Wholesalers" who break forum rules, solicit members, or submit requests to meet agents using our agent finder will be sent a $125 bill for each infraction. 

At that time the lender gave you a fixed loan for a certain period of time with so much down and a certain amortization schedule.The debt service coverage ratio example.At DSCR of 1.25 means for every dollar of mortgage payment the NOI can cover 125%Your current lender back in the day might have done say for example a 1.10 DSCR ratio because absolute NNN and investment grade so perceived risk to them was low.

Highest accuracy in the business as they actually update their data daily.

You'll actually learn useful stuff and won't be set back 5 years with an upsell.How 'bout $2K for eleven 8-hour on-line classes, access for life including all updates and additions?