There’s 275k mortgage left (VA loan) and the comps are selling around 400k-420k and Redfin/Zillow estimate it as 390k.

What is the estimated ARV after all of the cash you invested in it?

One area that I think I need to improve upon is estimating the monthly rent for a potential property.

Purchase price: $400k (I paid $40k down, so $360k loan) - The house appraised for $430k (16% equity).ARV: $525KReno: my higher-end estimate is $50K.I plan to fund these renovations largely with a 95 or 100% LTV HELOC loan.After this, I get a little stuck and can’t quite wrap my head around things.If I can cash-out refi 80% at 525K is this true:Cash out $420k (525 * 80%), pay off the $410k loan ($360k conventional loan + $50k heloc), $10K cash for next down payment?

I bought both properties all cash for $55k, I put $25k in front building and I estimated $100k in rear building. 

A lot of them will shy away from investors because they don’t speak the same language, can’t estimate rehab costs, and see no value in spending a lot of time finding good deals.

It was my first rental and I definitely under estimated the cost.

My wife owns a rental property that we plan on selling in the near future, ie coming months.It is a complex situation, but I am having a hard time coming up with the cost basis of the property, estimating the depreciation, which will ultimately give me an idea of the tax bill due at conclusion of the sale.first, the property was purchased (~1988) with what sounds like a lease purchase agreement by her parents (close family member bought the house, parents made lease payments over time with eventual outright purchase of the home from close family member). in 2008, they move into new home but keep as rental. shortly thereafter, second mortgage made on home to cover costs due to family business that eventually went under.

I Owe $276,000 and zillow has the sell value at $422,000 and rent estimate at $2,500.

You learn a ton: what it takes to property manage, how much maintenance is, dealing with contractors, estimating costs, etc.