Before I started the renovations, I got the contractor's estimate checked by an appraiser to show my lender it was a good investment.

Hello All,Been contemplating in possibly putting up my 4 unit fully rented house located near the firehouse on Palisades Ave for sale later this year and looking to get some rough estimates of it's potential sale value.

Estimating repairs can be done during the due diligence period when a property is under contract.

Milwaukee is hyper-competitive, next months numbers will probably be 103% sold to list ratio, we estimate about 5 or 6 buyers for every seller and it will only get worse IF rates come down.Just got an AO yesterday with a builder on a spec, 90 days out, some custom finished, LVP instead of carpet, we offered 7k EM and they countered with 6k non-refundable because of the customization.

Borrowing Against Equity: Costs and ExpensesCost of Cash-Out Refinance or Home Equity Loan:Interest Rate: Assume a 4% interest rate over 30 years.Monthly Payment: Approximately $716 per month.Total Interest Paid Over 30 Years: Approximately $108,000.Closing Costs:Typically 2% to 5% of the loan amount.

Unless I am doing something really wrong, it looks like the rehab estimator tool has changed?

Ensure the DSCR calculations work with the high LTV and your credit score, especially if the lender won't use MTR or STR income.Lender Criteria: Some lenders won't work with new operators, some only use market rent, and others will use STR estimates or income statements from property managers with similar properties.I hop the bullet points make it easier to understand.

The 3% credit should be reflected on the Loan Estimate so that will reduce your cash to close.

The sites mentioned above have calculators to estimate the potential income.

Site selection, estimating/detailed budgeting, all labor/material/soft costs are an open book with no markup/GC fee, and i own all site management from groundbreaking to closing.- Total cost of these projects would range between $390k-$550K.