Since the rent roll was too low, she had to secure financing through a private lender that based the loan on market rent rather than the current rent.

It has been best to anticipate wildly different ARVs based on not only the property details, but also the quality of the finishes that are used.

Luckily, my wife is in a good W2 job in tech - so I think my bases are covered. 

Loan seasoning requirements are usually based on the note date and the loan purpose, like cashout refi. 

Hard money is lending based on the hard asset and it doesn't speak well when the project is mid-process and now more money is needed to be able to finish it.

I am a CT based investor, flipper and property management company owner.  

Since you're in Texas, I'll use a town like:  Each town will be different based on the population living outside of town. 

Though it may cash flow well based on their current debt service, when you compare the income it produces to the equity they have is it actually even a good investment for them from an ROI perspective or would they be better off liquidating and redeploying?

Platforms like Procore, JobTread, Buildertrend, and FlipperForce have caught my eye, but I want to make sure I’m considering the best fit for my needs.Here’s what I’m looking for in a solution:Cost Estimation: A tool that accurately calculates material and labor costs.Project Oversight: Features to manage tasks, schedules, and budgets efficiently from start to finish.Vendor Integration: Real-time updates on pricing and inventory from suppliers like Home Depot or other suppliers.Material Suggestions: Automation or recommendations based on the rehab’s scope and specifications.Labor Planning: Tools to predict labor hours and staffing requirements for each phase of the project.For those of you who’ve used any of these platforms (or others), I’d love to hear your thoughts:Which software have you found most effective and why?

Based on this experience, I feel I have a fair sense of what pricing should look like.Do you have any supplemental carriers you’d recommend?