The borrower was operating a sizable operation, inclusive of approximately 100 multi-family units.

Never, Never use your sellers property tax expenses to estimate your future property tax, this is a big mistake done my many people in the industry.If you haven’t sell your Main home where you are living yet you might consider to keep it, because your new home would be triple the amount your are paying right now.

Having engineering plans and calculations can streamline the permitting process, as many local authorities require this documentation for ADU conversions.I can't give an invoice estimate as I am not well versed in how engineers price their work, but I would assume something around $5,000 for engineering services on a project of this size.

I estimate construction costs, create plan sheets, and project manage for my every day job.

Meetings, emails and calls followed where I tried in vain to nail down an estimate of cost.

The last property I sold the realtor listed it for 10% over the Zillow estimate and we were under contract in 2 weeks.

In the end our actual budget has been ahead of our estimated which has worked out in our favor.The biggest variable is going to be placement costs.

Get plans drawn and get estimates from subs to get a total cost price for property.

Getting into the story behind this one..This deal was sourced from a large corporate wholesaler (no names) Originally listed as 179,999 as a "wholetail" deal with an "ARV" of 250,000 I walked the house and estimated it needed little in terms of repairs, though I knew a realistic ARV was between 215-230 However, there were tenants in the house without a lease agreement with the current landlord.

Do I need to provide SSN for a mortgage estimate.Thanks For a mortgage estimate, you do not need to provide an SSN. 3rd party broker is always the best since many direct lenders have different guidelines.