Have a detailed total project cost breakdown including a reserve for unknown developments so you can accurately predict your costs and expected profit- and show your lender they are always protected.3.

That is doable at the $150k exit level so as long as your numbers are accurate, you do have a deal.

Thanks,Matt To get a more accurate rate, go with Rob's post.For a more broad cost, all in should be around 120-160.

Not sure if the calculator you are using is accurate, but P and I, at 4.25%, 30 years, is $492/mo per $100k (0.492% per month of loan amount). 

Do you have accurate comps, accurate renovation costs, and accurate ARV figures?

Not accurate.

So, my first actions, as an investor newbie, are naturally to look for systems and tools that will make me efficient, accurate and timely in the execution of each of the many process steps between lead generation and cashing the buyers check.

Since Texas is a nondisclosure state, it would be ideal to know the answer since we all know zillow, etc. do not have accurate numbers.  

Assuming your #'s are accurate, you can wholesale it to a rehabber who does have the cash to pay the repair bill.

I would not care at all how much they make as long as the information was accurate.