Kitchen:Demo & Prep ($2,000):DIY cabinet removal, backsplash removal, and some demolition.Professional for disconnecting gas lines and major plumbing.Dumpster rental.Cabinets ($6,500):Option 1: Refacing existing cabinets.

@Frankie Lotrec if you have an existing loan on the property and you plan to legally convert from a 4 unit to 5 unit , you should check the loan documents because you’d essentially be converting it to a commercial property, since 5+ units is considered commercial and subject to different appraisal approaches and so it would rule out the property being considered for purchasers utilizing residential financing.  

Consult with an expert or feel free to send me a private message to talk details. 

You can also fertilize, water and trim the existing grass if there is any to reduce cost.

Feel free to look it up.

@Marinelle Tan as far as whether an existing property can be partitioned into multiple units, feels like that may also depend on how the municipality interprets the language.

I hope this helps and feel free to send me a message for any further questions.

Whether you’re meeting a potential client or an existing partner, it’s essential to understand their needs and concerns.This can mean taking the time to understand what each property owner is truly looking for.

Instead of paying $1,000/month for old leads and buyers lists, you can:Join Discord & Facebook Groups – Tons of active wholesalers want to JV real-time deals.Network Directly with Cash Buyers – 10-30 serious buyers exist in almost every city.Skip Paying for Leads – Old leads have already been worked multiple times.

Thank you,KVBelow are my answers to some of your questions that I feel qualified enough to answer and then some of my personal thoughts on where to go from here."