Then meet with the broker and offer YOUR price. crunch the numbers as if you need to do the improvement and work on the Total COST base. 1963 Building may need re wiring and plumbing, new appliances etc etc - Tel all of that to the Broker/ Seller.Put an offer in with building inspection contingency, even if they want you to buy it As-Is.Make sure to put other contingencies according to your requirements. 

Crunching numbers feels like bamboo shoots being shoved under my fingernails, so underwriting is not a good role for me on a team. lolFigure this out and offer it to someone on here. 

@Jared Wonders we have already started crunching numbers to make sure we start on this path the right way. 

Reason: The average home owner wasn't in a cash crunch and could afford to ride out the bad times.Many investors dedicate a portion of their portfolio to higher potential return properties for this exact reason.

Thank you, also for crunching the figures. 

Amy Jo Holweger I think you need to sit down and crunch all the numbers.

However, when I look at properties on sale there usually isn't enough information numbers-wise for me to accurately crunch the numbers.

Crunch the numbers before you buy and make sure it will cash flow once you put renters in place.

After crunching all of the numbers I should be cash flowing pretty well with this purchase, and it's not a bad first property to start my investing journey. 

I am very interested in the BRRR strategy and want to hone my skills on this kind of analysis, but am unsure about how to calculate repair costs with looking online and crunching numbers on the calculator.