17 January 2022 | 5 replies
How do you estimate the cost of a rehab?
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17 January 2022 | 9 replies
Next time research how to do it, estimate the time for someone without experience and with experience.
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23 March 2022 | 2 replies
I want to use this line of credit to fund the 20% down and Rehab of a property. the line of credit is estimated $418Kexample: multi-family house costs $700,000.0020% down payment is $140,000.00Rehab where possible, paint, new rugs, maybe new appliances to update the experience for the tenants. $10K -$15KMortgage loan estimate amount is $560,000.00-at some point I will need to get an updated appraisal of the property with the update value -After Appraisal assuming the updates improve the value of the property, I would refinance to a new loan.the new loan amount would need to be at Least $700,000.00 to cover the original loan amount and to allow me to repay my line of credit.is that correct?
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22 March 2022 | 10 replies
Not to mention I missed paying estimateds.
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30 January 2022 | 0 replies
Property has consistently been full--Appreciation has been great as well--present market value estimate around $475,000.
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31 January 2022 | 1 reply
When I bought it, the returns were looking nice at a $1,100 per month rent estimate but it's nice that when construction was completed the market rent was $1,275 per month so that was an extra bonus of $175 per month per unit (or $700 per month total) over my initial cash flow projections when I signed the contract to buy the properties.
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30 January 2022 | 2 replies
I estimate the ARV at about $320,000, which was about $72,000 in equity capture.
30 January 2022 | 2 replies
It is a 5bed 2ba home.Originally, I planned to use the BRRR method to refinance the home for my estimated ARV of 110k and pull the cash out to fund the next property.
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30 January 2022 | 4 replies
It has forced air heat, but no AC with my estimated cost of $5k Paint, fixtures, etc throughout $5k.
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30 January 2022 | 4 replies
- What would be good estimate for this rehab?