That's why appraisers do the comparative approach and then secondarily the cost approach.So far, 100% of the time you don't get dollar for dollar back from what I've seen.

These traditionally have lower rates than cash-out refinances and will only cover your existing loan amount + closing costs, so you'll need an existing mortgage for this type of loan.4.

Also, how much did the electric and plumbing fixes costs?

Yearly increasing costs will, in time, eat up any profit they have per unit.

This lowered my cost basis per lot by 7k.

It's a good practice to overestimate costs and underestimate after-repair values (ARV) to keep your expectations realistic.

Property taxes and insurance costs are best obtained through local county websites or reaching out to insurers directly for quotes specific to the area.Tools like BP Pro and Reventure can be helpful for an overview, but it’s a good idea to validate their data against primary sources to ensure accuracy.

From there I accepted and negotiated to have the seller cover the cost of replacing the roof.

It costs $25. 9am to 11:30am.

Next up is a huge financial hit: closing costs.