Currently looking at hard money buying a property doing the bare minimum painting in and outside, flooring, new cabinets, stainless steel appliances and some landscape.

Property Details: Location: Long Island, New York Purchase Price: $330,000 Down payment: 3.5% PITI: $2,450 (Includes PIM)Invested Capital: $65,000Appraised Value: $425,000Rehab Overview:Main Floor: Living room and bedrooms: repainted walls, added base and crown molding, cleaned up framing around doors and windowsFloors: sanded and stainedBasement (apartment):  Demoed entire spaceAdded a kitchen, bathroom, washer/dryer room, and legal master bedroom (Egress Window)Tenants Overview:I found my tenants using FB marketplace.

During the process, he started working for a company that sends him to properties to give repair estimates - Windows, roof, flooring, etc.He was trained before going out into the field alone and now has a pretty good grasp on rehab estimates.

Taking in account the cold, wetness with snow boots, etc. what would be the best bet for flooring.

I am buying a multiunit rental and the rate I am getting is “ the rate will be calculated 5 business days prior to closing and will be fixed for 5 years at a rate of 275 basis points over corresponding federal reserve statistical release H.15 five year treasury constants maturity with a floor of 4.5%.

My capex budget includes but not limited to: roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, kitchen and bath remodel 20 year life spa, etc.

Paint was just completed and they are installing cabinets this weekend and then doing flooring, tile, etc.  

We take out a construction loan and renovate the first floor into apartments while continuing the manufacturing on the other two floors.

During that showing dog got mud all over the floor and peed on the floor at the next showing (luckily all laminate for both instances and I had my open house survival kit which includes cleanings supplies so I was able to clean it up). 

It was also situated in one of the most desirable neighborhoods in Brick, NJ.Lucky for us, someone had just refinished the hardwood floors so we decided first to cover everything with a protective, high-density cardboard product.