The only issue is that it comes with an ancient lien from the city from 1992 that has been accumulating up to the tune of about 1M.

The rough number he estimates is:* Construction cost: $350k - $400k* Total sq ft: 5000* Monthly Rent: $8k/monthWhat do you think about these numbers or this idea?

This could be an amazing deal or a terrible deal depending on other factors.Who is estimating the remaining construction costs to be $120k?

All remaining money accumulates in the main account from there and pays expenses, etc.

From the repair estimate I have done and working the numbers on the calculator I think it is over priced.

My first spreadsheet is condensed information form my mortgage broker and lists on the Y axis (vertical): mortgage terms, rate, APR, fixed term, years, credit score, loan amount, sales price, percent down, down payment, FHA funding fee, Total Loan Amount, Estimated Monthly Payment, Principle & Interest, Homeowners Insurance (Flood + Home), Property Taxes (1.23% home price in my county), Mortgage Insurance, HOA Dues, origination fee, appraisal fee, tax service, flood certification, credit report, attorney's fee, title insurance-lenders, title insurance-owners, recording fee, verification of employment, survey, home inspection, water/septic if well, pest, 1st year homeowner's insurance premium, homeowner's insurance escrow, property tax escrow, per diem interest, down payment, closing costs, prepaid expensesOn the X axis (horizontal) I have the numbers for 200k, 250k, 300k, 350k, 400k broken down into whether it's single family or multifamily, then FHA or conventional2.)

Hello all, I currently have a property under contract that I am looking to get estimates for.

Since graduating I have been working as a estimator and project manager for a plumbing company that specializes in multifamily new construction.

Hello there, I’m looking at a property and would like to have some contractors to give me an estimate, please let me know if you have some referrals.We are planning to do a flip.

Once you've estimated how much each room and the landscaping will cost, add 6% of selling amount for realtor fees, and I think you are in Maryland so find out what your local state fees for selling are and add that to your expenses.