You will have to create your own renovation estimator with the numbers that you gather.

again, this tends to be the go to renovation for many.  

Then ended up completely renovating the home.

Either way, it sounds like significant renovation will be required.

Quote from @Raj Vardhan: Hello,I am new to the entire refi process and looking for some direction here:I purchased a foreclosed property 2 months ago using hard money and close to finishing the renovation.

If you have 60k equity and 10k cash, slow down and remember this - you need 15k for reserves for a new property and you should always only use half of your equity which would leave you with 15k for downpayment and 10k cash for renovation.

Two reasons could be renovations or the need to personally occupy the unit.

Unlike a kitchen or bathroom renovation your literally building a second house on the property and your dealing with everything from grading, soils, foundation, electrical, plumbing, framing etc.

Based on the local market, $15k for renovations seems light—have you had contractors confirm this budget? 

For further background, I’m looking to purchase a spot around 750K, but want to seller finance 100-200k of the price to reduce the need for a large down payment / keep myself liquid for renovation costs.