Most people estimate 5%. 2.

Do they qualify for a DSCR loan with estimated market rents (use long term average rents, not suped up STR or MTR rental income to be safe).

Hey y'all,I've had a lot of previous experience with rentals (single & small multi family, STR) and did my first flip in 2023 (where I lost a very small amount due to contractors taking 3x the estimated timeline), and I'm looking to finally get into serial flipping.

Could anyone give me any estimates of expenses and cash flow based on experience? 

Since there is already a contract in place saying a real buyer is willing to pay X amount, and an appraisal is an estimate of what the market will determine a property is worth, the contract price is usually what the appraisal comes back at or near in my experience.

You can use generic estimates for each of these expenses (which is advisable), but then readjust those estimates for any specific property you are looking at (seriously).

Great post I do believe a lot of people under estimate the COST of holding real estate. 

Calculate the After Repair Value (ARV), or the expected market value following repairs, and estimate the expenditures associated with those improvements.

He informed me that the auction would happen in 10 days, so he needs to sell right away.ARV: 2.5M - 2.6M Repair estimate: 180kschool zone: 9/10 rating a very popular school zone for the area.he owes 700k in areers!

Step 1 is to get an estimate of the amount of tax deductions that may be available through Cost Seg.