Also did you use real hardwood floor or a different material?

Hello,

My name is Natalie Hunter and I am a new investor in the Dallas and Collin county area of Texas. A little about myself is that I am originally from Los Angeles but I’ve been stuck melting in Dallas for the las...

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Hello fellow BP users.

This is because in part,  most of the C deals i have seen involve debt of 75% of Purchase Price + reno costs with a refy in year 2 or 3 while the B class properties are able to command 10 year fixed rate debt. 

It's more costly but it's very convenient for every user and more efficient if set up properly. 

Personally I didn't use RE Agents but I always computed the cost anyway.

I have a rehab analysis spreadsheet uploaded in my file place which includes a Repair Estimator & Rehab Calculator to help you estimate repair costs and analyze the Max Purchase Price you should offer for a rehab.https://www.biggerpockets.com/files/user/drobertso...There are other good spreadsheets in the fileplace, or BP has their own web-based calculators.

Times like now though they're too backed up to get into the cheap work and we can find a local painter, normally someone new that is just starting out on their own and doesn't have the name recognition to command the higher price, advertising on local town FB pages.

I'll use rent roll $ rather than units as it's not fair to SD to say "I want to build a portfolio of 1000 units" because that's much easier to do in Houston.