The tenant has been reliable and has a track record of paying rent on time, and he is also motivated to find a buyer so that he doesn't have to move.Cash Flow Calculations: Estimated property value = $590k.

How do i estimate renovation costs?

Once you have that figure, estimate the monthly payment and potential rental income to calculate your DSCR ratio, ensuring it meets your lender's requirements.

(I see this a lot, for instance, a contractor operating and giving estimates under his name with the license of someone else even under the same corporation but the licensed one is nowhere).

The tenant has been reliable and has a track record of paying rent on time, and he is also motivated to find a buyer so that he doesn't have to move.Cash Flow Calculations: Estimated property value = $590k.

We bought a property the end of last year that needed more work than we realized, so we started gathering estimates for rehabbing the property.

We are outside of the standard build warranty, but are continuing to discover MAJOR corners cut, and getting repairs and pre-emptive fixes is costing us lot.We are estimating $20,000 in total expenses that we are going out of pocket for due to poor workmanship.

Estimated national avg roi of about 60%https://www.zillow.com/learn/should-i-replace-my-roof-before...2.

Drafted a plan, gathered estimates, created a budget, put together DTI sheets, even got an "as-built" appraisal, and also have it in a permit status at the Local Building and safety office.Then I started to look into the construction loan and the permanent financing....to do it myself, and not through a builder.I soon realized that there are sooo many companies out there that want to try to help...but cant  (some of them were even on this network of people):  don't have builds on record, won't allow for owner-built homes, my credit is less than 680, while carrying the construction loan, there may be a point at the end where because i have my rental house while building that it become hard to pay, and  I can't pull out a private loan to help start process because my credit cards balances are horrible...and my "business" has no show of income.So, now we are here in the present time....   

HML offers leverage up to 85-90% of purchase plus 100% of rehab costs.Monthly payment difference between 8.5% and 12% is $438, difference in holding costs during renovation is estimated between $876-$1500.