No internal photos but the units are large. 3/2s with 1360 soft.

And a build contract.If a lender says get me the plans, that's what they mean, if the borrower is lost at that point it's a good indication they don't have a clue as to what to do, then the lenders just say NO.If he doesn't have the money to get a builder and take care of the soft costs to begin with, he doesn't have the money to build!

There is a difference between putting a property under an assignable "hard lease option" vs. an assignable "soft lease option."

don't forget lawyer, title, survey, and transfer taxesThe soft costs can kill a deal quicker than the hard costs

Ballpark cost of construction would be about $275-$325/sf including soft costs but excluding land cost.

Hey there! New to BP. Love it here :)

Getting together some rough monthly costs for a flip. Trying to figure out how much to factor in for the utilities (gas, electric, water, ect).

Anyone have rough fi...

My ARV is about $5 million and my research shows construction costs would be about $300/sq/ft = $838,500; add soft costs (permits, architects, designers, etc...) renovation would be about $1 million.ARV= $5,000,000. x 65% = $3,250,000. - $1,000,000 (renovation) = $2,250,000.00 (MAO)The seller bought it for $1.8 million about a month ago, got the plans approved and is now selling it.I've done rehabs but never close to this price range.

For better or worse, our soil is soft and tends to shift depending on where we're at in the drought-flood pendulum.

The other source just wants a soft POF and light LOI.

Next you need to calculate your rehab costs (soft and hard).