Like the lender fees above, these would just be incurred if you refinance (or purchase.)Prepaid itemsare the other part of cash to close total, (or what people colloquially call closing costs).

I would list the total number of BRs and try it that way.

The biggest mistake new investors make is to walk a property, maybe explain in general terms what they want and then let the contractor come up with the SoW.For a bedroom this could be:- replace carpet- repair closet dooror- remove carpet- remove curtains, nails and screws- replace closet doors, entry door SKU#- replace window SKU#- refinish hardwood floors 144 sqft, clear/oil-based- prep and paint all woodwork- patch walls, texture, paint walls eggshell white clay, ceiling flat white- replace light fixture SKU#, replace lightswitch w decora/white, replace 3 outlets&covers- install blinds SKU#Obviously, the cost would be quite different.

It's the most obvious read out there when you see it.

(not my favorite year obviously).

Hey @Tiffany Da Silva, totally agree with @Kevin Sobilo.I love Profit First.

The client obviously...

That plan is obviously going to take 10-15 years to complete and will be obsolete by the time it's done....but something is better than nothing I guess!

When you say you can refinance your VA, have you checked at your total allotment for VA loans.

In 2023, gross ROI for flips averaged 27.5%, but net ROI (after all costs) is usually 10-20%, calculated on the total investment (purchase price + repairs).