It's really just looking at the comparable homes in the area that are updated in a style similar to your proposed renovations.

I always recommend my clients get fee sheets from a few different lenders to compare.

With my prior experience in both traditional commercial lending, government programs, and tax incentive programs (TIF financing, LIHTC financing, and NMTC financing) I hope to be able to add value to other members while also structuring several deals and manage assets.  

You can flip anywhere that you can market to motivated sellers, and purchase properties at a discount compared to ARV.

We did have one in prior years and are in process of finding a new one.

The deal, prior to inspections, is very solid on paper, in my own opinion (I am from there) and the opinion of a friend who is a top commercial agent in the area.Details:$750,000 PPSeller financing 5.5% (Interest Only for 10 years, total note 30)30% Down **Current NOI is 52kWe could get the NOI to 60k right away with a $50 per unit rent raise as they are underpriced quite a bit at the moment.

Jose,While there are many different benchmarks to compare an investment to in order to gauge success (excluding subjective meanings of success), an easy comparison is one made against the stock market (i.e.

2) How the rent checks were handled prior to you inheriting the IRA?

[As a general rule-of-thumb, ex-primary homes reap very poor cash flow, compared to pure investment buys!

Get a few contractor estimates to get it up to market comps and compare what you could sell it for fixed up vs as is.