First of all I have not estimated and received an investment yet mainly because when I had that medical accident and I am still bedridden from some medical problems I have had them at age 54 but I'm 61 now but I am  still thinking that I will recover someday. 

As you build up confidence in your rehab estimates and demonstrate a successful business with your portfolio, the bank will eventually give you 1. lower interest rates, 2. higher rehab budgets, and 3. more opportunity to take on additional risk as they trust your knowledge on making sound decisions.2.

Everything was verbal, he provided NO written estimate, contract, or even an invoice etc.  

Everything was verbal, he provided NO written estimate, contract, or even an invoice etc.

The cheapest estimate I have received is 22k for the entire project. 

Hello all,I've been analyzing several deals for small multi family homes and I took a suggestion from a blog post I found for estimating CapEx.

Your income will qualify after two years with the P&L statements.I was told that 50% of gross income will be considered and 75% of property market value to estimate the loan.However, this is just one mortgage broker - talk to few of them and see what should you do to get financing.

You can calculate what the absorption rate has been, and then use that figure to estimate what it will be, the first is a fact and the second is a projection.

I have over the past two years accumulated a fair amount of dollars that I have kept here in the States.

Short of getting an appraisal, is there a way to estimate what FMV would be for a 25 unit rehabbed mill?