Make sure your numbers are accurate as during the rehab it can hurt you and become a big lost if you don't have the right numbers. your best bet is to partner up with some experience as the first deal can make or break you.

The lender has the right and is required by the secondary market to have accurate information so they can properly determine risk.

But you need accurate income and expenses for the asset you are valuing, and several other similar assets in the market, in order for the cap rates and valuations to be accurate. 

I want to ensure I'm doing the numbers correctly so I can get accurate stats.

Hi BP Community,i bought my 2 family rental property for approx 75k and zillow is now telling me it is valued around 112k. how accurate is this? 

@Thang Nguyen to answer your question, there is no "good site" the best place to get updated accurate info is the mls.

According to him the retail price for this property is $285,000 and so if's that remotely accurate we could make a really good option fee on this one.The challenge for us and this is where we need your ideas, is how do we market this property to the higher end tenant buyers?

But your options and target are only as good as your source of REAL and accurate info in that market. 

@Kenton Coffman, Only some one who REALLY knows STL would be able to drop the names of those areas so confidently, and more important accurately.

If your rehab and refi numbers are accurate, and it really can rent for that much it could be a good deal.