I haven't had the proper investment to refi yet, which is why I am looking to make sure I understand how to correctly analyze a deal from start to finish.  

How should we adjust for finished basement sqft with respect to coming up with the range of $/sqft that a neighborhood can support?

Here is an example with numbers (an ideal best case scenario):ARV: $175Kpurchase price: $90Kclosing costs (including HM interest): $10Krehab: $25KAll-In cost: $90K+$10K+$20K = $125KHard money loan (70% of ARV): $122.5K Out of pocket: $2500Once the rehab is finished and the property is rented, refinance $122.5K into 30yr fixedEnd result: $52.K captured equity with $2500 out of pocket.The rent should be above $1300

For example: You purchase a property you plan on fixing it up/adding value then selling it But, you know you are going to get a pretty great return after when its finished and the lender gives you the option that so you pay no monthly mortgage payments and gives you a deadline and you have to pay all those monthly payments back with an interest after you sell the property?

I'm currently in the Army and will be finishing off my contract around November.

If you finish it by lunch I am cutting a check for the remaining 13,800.

Purchase price: $61,950 Cash invested: $61,950 Fix and Flip Project: -3 bed/ 2 bath-Basement-Purchase Price: $61,950 (Online auction)-Appraised Value: $124,000-Rehab Budget: $20,000 (HVAC, new water heater, paint throughout, new counter tops, appliance package, 2 light bathroom Renos)-Projected List Price: $135,000-Projected Outsell: $130,000Good neighborhood, I sold a house in November very similar (but actually only 2 bed/ 2 bath) for $126,000.Should be finished with Reno beginning of April!

I’m in the process of finishing up 6 super high end montrose homes that were left undone by the developer

Glad to have this one finished!

I actually had a very big insurance claim as a tenants washer machine failed and flooded the whole house which took a couple years to completely finish fixing the damage.