Connect with some contractors who can help you figure out what kind of rehab a property might need

Another post that person purchased a cheap property in april that just finished a $12k rehab (how could it take so long?)

Depending on what he is offering you i searched the address with the secretary of state. 

On paper some of these buildings had amazing metrics, excellent cash on cash returns, cap rates, etc, but when I looked at the buildings I found the neighborhoods were rough, there was poor management in place, there was lots of deferred maintenance to address.

Fund higher quality cosmetic / light rehab for durability and dignity for tenants.

Unless you are confident in estimating the renovations needed, I would highly recommend getting a contractor's professional opinion of the rehab costs.

New furniture, coat of paint, and some minor rehab to the decking.

The property is a historic property but since I purchased the property inside an IRA, it doesn’t qualify for tax credits to rehab it.

I'm an investor and a licensed mortgage broker who has done fix and flips both using my home's equity and borrowing against the investment property.If you (1) have enough equity in your home to fully fund the deals, (2) don't mind tying that equity up for these deals vs saving it for a rainy day and (3) are ok linking the place you sleep with the success of the flips, this could make sense.We offer a ton of different fix and flip programs including putting 10% down on the purchase price and funding 100% of the rehab.

A BRRRR is when you buy a house (often uninhabitable) and rehab it BEFORE you rent it out. 2.