"John, don't forget that I'll need pictures of the floor damage before you start working and then some pictures of the finished project.

What area, what quality, what level of finishes, etc?

The actual tenants are paying $ 1000 , because they are leaving in a disaster home, they lease will finish in May 31st 2020.

If so, you could pay Seller off balance when you finish Rehab and Sell.

We rent higher end finished houses.

Here are some key details:Purchase Price: $172,000Rehab Costs: $100,000Financing and Holding Costs through Term: $48,000 (all in cost of roughly $320,000)Balloon Payment: $272,000ARV: $300,000 - $350,000; the variance is explained by some investors using below-grade finishes and also using "fire sale" tactics.The DOM in the market varies, with some properties selling in 60-90 days and others sitting for up to 180 days.

Nothing has gone lower than 1900 in those new townhomes that are finished and rented out. 

I just finished the renovation on a condo that took me two weeks--I'm getting very efficient with my rehabs. 

We have a similar BRRRRRRRRRR goal and are finishing our first BRRRR as we speak.   

Hi,I am a novice investor who recently purchased a pre-construction 1 bed 1 bath condo in Hamilton, ON as an investment property that is due to finish in June 2020.