As i said earlier ,ask a lender what the closing costs will be , some of them may be static (IE $500 for appraisal , $400 for processing , $300 for underwriting) So in that case its not a %.

In Jim's original post, he didn't specify what he meant by "equity", but in his second post he brushed on the idea that repairs are not included in equity.

Any reference to some sort of static price figure is simply speculation.

I think I would have done like @Dan C. and just brush them off.

@Ed WoodThe article paints with a broad brush and draws conclusions that don't apply everywhere.In one county that I deal in, the number of foreclosures at the LAST sale was the most in history!

YouTube and Google are your best friends when you get stuck.Painting and clean up are the easiest, followed by drywall and tiling (drywall requires a lot of patience due to having to use multiple coats of mud), and then comes plumbing and electrical.Get the right tools for the job - a good cordless drill and saw, trowels, paint brushes, etc. the extra few dollars will save you a lot in trips to the store and lost time.

Some of it is seeping through the block (which is porous) and getting the basement wet, and the rest is just creating static pressure against the exterior foundation wall and causing it to bow and crack.The key is to get the water away from the foundation wall and keep it out of the basement.

John thank you for the the welcome, Honestly a family member told me about a house, and asked me to parner with him, Ive been brush up on education for weeks, then i got a call, saw an opportunity and took it.As far as me know exaclty whats gonna happen in midtown, im unsure of, ill start paying more attention to sources, however is there any place special i should look to study my environment?

Letting it dry in its own time helps the finish flow smoothly and eliminates any brush or roller marks.

Are those data sets improving, static or getting worse?