I find it's very personal, and dependent a lot on your goals, resources, risk tolerance, location, experience, etc.

They clearly had no intention of paying off the loan in October but sought instead to further reduce their loan balance during a time of the note holder's personal hardship.

Budget these carefully into your overall project plan to avoid surprises.Rehab Budget: Ensure that bids are received from multiple contractors and that adequate reserves are made for cost overruns.ARV: Be conservative on your ARV since the appraisal concerns one person’s opinion.

The GC is a business person who doesn't care about your ARV, LTV, or your budget.

We take a "whole person" approach.

I found an auction person, and I see listings online.

I put 20% down using personal and private lending.How did you add value to the deal?

Personally I’ve got the majority of my assets in real estate.

Other CPAs and firms have quoted me 5k-10k+ but are no where near as responsive and personable as my current CPA and accountant.

His staff was equally welcoming, and my business partner and I signed up for his in-person workshops for 2025—it was an excellent deal.