(Please note: if you are changing windows, siding, porch posts, porch structure, and any other major exterior changes ...get ready to paid more money $100.00 and meet the UDC -Urban Design Commission in which they meet twice a month to review your exterior changes for an approval, non-approval or defer which means more waiting before you get to the finish line which is your building permit for your rehab6.

We still haven't gotten the exact quote from our contractor, but we were looking for at least a 3x-5x ROI in ARV added value, and at least an extra $150-$200 a month in rent.As it stands, with the finishes we plan on adding we can rent it for anywhere between $1400 - $1500

You will have to understand if you are finished with the heavy lifting on the maintenance.

We’re in CA also and plan to explore other states once we finish with our current project.

I'm currently finishing up a duplex in William Land Park, where rents will cover costs, but the value add and forced appreciation will give me $250k in equity.

Here's my scenario.My husband & I are renovating a house that we own outright (approximate worth is 350k).....we are interested in taking money to finish the renovation & also we have an interest in buying another investment property.

People say agents are good at negotiating, but in most cases that’s simply not true, in fact pretty much every deal I’ve ever done, I’ve been able to save 10-15k through just simply out negotiating the other party, most agents just want to get to the finish, not go to bat for their client over 5-10k. 

God forbid something was to happen and you didn't finish the project or pay back the loan, the lender would be underwater with no way to recoup the money.

I don't know of other investors who get the job finished in 3 months.. 

Never, Never use them.I contacted them about a DSCR about a STR I had just finished.