Because there was so much remodeling done, everything inspected well and should last many years.

Once it’s paid off or remodeled, it could become a fantastic rental property or your forever home, as you mentioned.

I haven't done this ground up but I have done 2 interior remodels.

I bought a house less than a year ago in the 160's that was a completely remodeled 2bd/1bath that turned into a rental when I moved.  

Lol, I have a similar story but I got off easy....I had my guys digging footings for a remodel in a little SoCal beach town when we found bones - some good sized ones.

Full interior remodel.

My contractor who specializes in mobile home remodels said expect rehab to be 100k +- 20%, and my agent gave me comps in that same park that averaged 250k.

Hi everyone, I recently purchased a house and have no idea how I renovate this bathroom. It’s so small and the only bath in the house so I want to leave the tub. I plan to tile the walls in the shower, but outside o...

I spent too much on the remodel so I will be leaving some money in the deal but am holding long term and the cash flow will be great once we move out of one of the units.

Rare anyone redeems 100K house, but I can almost guarantee if you rehab it before the two years is up, someone will show up, redeem and you just remodeled their home for FREE.As far as hard money loans go typically around Houston you'll pay 2% origination fee and probably 12-14% interest for six months.