
2 June 2019 | 15 replies
If not, contact your escrow or lender and ask for an itemized fee estimate

2 June 2019 | 3 replies
If that doesn't work follow this link to J Scott's mini book on the subject, he breaks down how to adjust for near comps. https://www.biggerpockets.com/files/user/jasonscott/file/estimating-arvBest of luck,Andrew

1 June 2019 | 2 replies
I can give you an estimate to do whatever is on your scope of work, and it may or may not jive with the number you have in mind.

2 August 2018 | 4 replies
Its in a B neighborhood and is a C property (Just for a backdrop)Asking price- $239,900Taxes- $3,085/yearInsurance estimate- $840/year Income-$2,200/month Down payment and rehab -$30,000 all form an equity line btwinterest rate - 6.25% (7 year ARM)Utilities payed by tenet Will be self managed At full ask im looking at a 9.4% Cash on cash return.

3 August 2018 | 3 replies
Hey all,My woes are multiple, here they are for you.First, I had two contractors who agreed to do a walk-through and give me an estimate on rehab costs with my agent.

18 August 2018 | 1 reply
How do I get that or estimate those fees?
12 August 2018 | 5 replies
My estimate on the repairs is $56k.

8 August 2018 | 4 replies
Here are my numbers that I was going to add to my Zillow Listing (the potential investor would pay me the $450k purchase price), hopefully this makes sense to you...Best Case Cash On Cash Return: Convert Back To Single Family Home$450 purchase price + 250k conversation for a $700k Total InvestmentSell $1.2 million (architect's estimate)500k Net Annual Income500k/700k = 71% Cash On Cash ReturnCurrent Case Cash On Cash Return: Continue As A 3 Flat Rental$450 Purchase Price25% down is $112,500Annual Net Income is $12k12k/112.5k= 10.69% Cash On Cash Return(could be 13 to 14 % if you raise rents to market value)Here is the actual property: 400 S.

7 August 2018 | 4 replies
I have a question about closing costs...I've reached out to 4 lenders and secured pre-approvals with each to compare their rates, fees, etc.For a 25% down payment with 1 point on a $200,000 investment property, they're estimating closing costs between $7000 and $8000 (which includes prepaids, insurance, etc.).

10 August 2018 | 5 replies
I am a flipper and noticed most of the new wholesalers have difficulty in estimating rehab cost.