Some lenders may want to see 6 months reserves on top of closing costs and downpayment. 6.

I do rehabs in San Diego where my purchase price is usually from 900k to 1.3 million and I try to make 20% of the purchase price per deal and try to do 5-6 deals per year (if I can find them which is becoming harder).

Next, what is the cost of the renovation vs higher rent delta? 

I’ll be very upfront and honest- I have about $20,000 saved for a down-payment/closing costs.

While there are costs associated with purchasing properties, the platform itself offers free access to property details and market data.

Hi, my LLC is about to start a rehab on a future STR lake house that the LLC will manage via rental arbitrage. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

How do you typically handle unexpected costs or delays in your real estate projects?

Our strategy is to buy land cash, take construction loan to build the structures.Some napkin math for this strategy:Land cost : $200,000Building and furnishing Cost: $400,000 for each A-frame (Provided we have electricity, well ready )Airdna revenue estimate shows $400 night rate with 70% occupancy.

What's the construction cost per square foot?