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22 January 2025 | 8 replies
Really only makes sense as @Chris Seveney mentioned if you have a solid, long term relationship with the seller and you are doing a very high volume rehabs
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24 January 2025 | 17 replies
Turn key or needs a rehab?
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15 January 2025 | 29 replies
Keep in mind that I am selling them as affordable fixer uppers and usually only address any health, safety, and functionality issues.
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11 February 2025 | 29 replies
That is also a great place to find someone to partner with, and you can help with selling properties once they are rehabbed!
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24 January 2025 | 36 replies
"I'm going to put $30K into rehabbing it and it will be worth $200K when I'm done and rent for $300/mo more than it does now."
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18 January 2025 | 16 replies
I suggest focusing on building your "Core 4" team—agent, lender (one who can finance both the purchase/rehab and refinance is ideal), contractor, and property manager.
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15 January 2025 | 7 replies
You can use a SQ FT format to guess rehab but that is only good to initially look at a deal.
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4 January 2025 | 7 replies
Buy - Rehab - Rent - that has been the bulk of the work.
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2 February 2025 | 14 replies
That means an 800K purchase and a 200K rehab (1 million invested) can result in a 400K tax credit that results in 360K CASH back in the pocket of the investor.
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19 January 2025 | 6 replies
The proceeds from the sale will probably go toward rehabbing Lot 2 and sell it for more.