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17 May 2016 | 14 replies
Please tell me the estimated end of life of the Roof, Elevator, and amenities.
15 May 2016 | 4 replies
Most hard money lenders will require 20-25% downpayment, so as long as you're looking for properties in the sub-$500K range, you should have enough cash to get started (that said, I like to be very conservative, so perhaps stick below $400K).As for your other questions, use the search feature here on BP and/or check out the best-selling BiggerPockets flipping and estimating costs books:http://www.biggerpockets.com/flippingbookThe flipping book actually lays out Steps 1-20 to completing your first flip (20 chapters, step-by-step).
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20 May 2016 | 5 replies
I don't think there was when I first meet with them, and they gave me an estimate, but you could just call them.
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9 July 2017 | 45 replies
I have the estimated rehab details if someone wants to look at it.
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14 May 2016 | 3 replies
Average-Good condition)Rehab = About 20k will meet with GC to get better estimates In to the house = 70k (not sure if this comes after total expenses or not.. sorry)Holding Cost (estimated 4 mo ) = about $4300 plus utilitiesClosing Cost = $2900Now in to the house (After 4 mo) = 77,200 plus utilitiesSelling Costcommission = $6600 (6% of 110k)(Maybe) buyers closing cost = 6,600 (6% of 110k) If I'm not missing anything and my estimates are correct I'm left with 26k minus utilities I hope this is considered conservative.
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15 May 2016 | 9 replies
How restrictive they are may be estimated initially by the overall appearance of the common areas and the individual lots in a community.
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17 May 2016 | 9 replies
Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookCouple good reads 9 Reasons You Couldn't Find A Buyer For Your Wholesale Deal Don't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and Flipper How to Start Wholesaling: Getting Past The Education and Into the FieldUltimate Guide to wholesalinghttps://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/Download BP’s newest book here some good due diligence in Chapter 10.
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14 May 2016 | 3 replies
Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.
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14 May 2016 | 4 replies
Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.
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15 May 2016 | 4 replies
Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.