Check up on him to see if he actually has a current license (in wa state thats easy look up online).

I'm comfortable with putting around $75,000 of my own cash in.Question: Should I get a hard money (or private money) loan for the difference (plus rehab), rehab it, then refinance it at 80% LTV w/ a conventional loan?  

Hi Folks,I've been buying and holding in Washington DC suburbs, mostly in northern Virginia area.

. $200k (actually $194,500) got me a 2,250 square foot, half acre, 3BD 2.5BA house with a two car garage in NE Durham 10 minutes from Brier Creek.

Then ask a couple of contractors to come look at the house with you and give you a bid for all the items on your list.As far as ARV, you could ask a realtor to give you an estimate on what they think they would list the house for once you completed the rehab (and give them the items on your rehab list so they know what would be fixed up and what wouldn't).The best way to come up with ARV is look at the sold houses in that subdivision that are similar in terms of bedrooms, square footage and year built.

I am doing the same thing in Washington DC to start my career.  

One of my carpet cleaners always measures the square footage of the house before he cleans.

I am thrilled to join BP from Washington DC. 

Is it all about square footage or make your rooms even sizes (12x12 or 11 x 12)  can I get tax credits for building a low E house and if so how do I get them.Thanks

My question would then be, how do those compare to what you would be buying in the way of age, square footage, rents being charged, location, etc.?