Despite the home not being in terrible condition, they left a bunch of trash and old furniture behind.We knew that if we could keep the renovation budget at $40k, we could keep the sales price under $300k.

We like to provide owners with different options for updating/renovating so that they can stay within an investors budget.

additionally did you hit the budget for the rehab on the nail with your estimates?

The budget would be property-specific. 

You can sign up for these on a great website called Meetup.Financial Preparation:Evaluate Your Finances: Understand your current financial situation, including savings, credit score, and any potential sources of funding.Create a Budget: Establish a budget for your first investment.

The $40,000 renovation budget presented a clear opportunity to add value.

The $30,000 renovation budget presented a clear opportunity to add value.

The $20,000 renovation budget presented a clear opportunity to add value.

The $20,000 to $30,000 renovation budget presented a clear opportunity to add value.

Good afternoon and thanks for reading,I have the opportunity to purchase my neighbor’s house (4 bed/4bath/2 kitchens on 3.28 acres of timberland adjacent to prime BLM hunting grounds) in Walton, OR (about 40 miles outside of Eugene) and I need advice on securing capital for the rehab budget of approximately $80k-120k.Purchase price offered to me is $300k with a $50k downpayment and 5% interest with monthly payments and a 1-5 year term.