.- Sheetrock to repair some holes in the wall ($800)- Some decent new flooring (2100 square feet of wood laminate flooring installed, $5.50 per square foot = $11,500 total)- Appliances — washer, dryer, refrigerator, stove, dishwasher, water heaters, and microwave for each unit ($11,900 total)- Washer and Dryer ($1500 per unit, $3,000 total)- Refrigerator ($1300 per unit, $2,600 total)- Stove ($750 per unit, $1,500 total)- Dishwasher ($500 per unit, $1,000 total)- Water Heat ($1000 per unit, $2,000 total)- Microwave ($300 per unit, $600 total)- New kitchen cabinets and counter tops in both units ($4000 per unit, $8,000 total)- Framing of closet space for washer dryer plus shelves and door ($2,000 per unit, $4,000 total)- Bathroom remodel in both units ($9,900 total) - 2-sink cabinet / vanity ($800 per unit, $1,600 total) - 2 sinks ($400 per unit, $800 total) - Countertops ($400 per unit, $800 total) - Mirrors / Medicine Cabinets ($500 per unit, $1,000 total) - Framing and installation of small linens closet plus door ($800 per unit, $1,600 total) - New toilets ($200 per unit, $400 total) - New tubs ($1200 per unit, $2400 total) - Lighting and Fixtures ($650 per unit, $1300 total)- Exterior landscaping, some patching of the yard, trimming of trees, and a few beds out front ($2,000)- New interior doors ($900 per unit, $1,800 total)- New exterior doors ($800 per door, $1,600 total)- New mailboxes and house numbers ($500 per unit, $1,000 total)- Exterior painting (minimal with brick construction) ($1,000 total)- Interior patining ($3,000 per unit, $6,000 total)- New exterior shutters ($300 per unit, $600 total)- Interior window treatments ($300 per window, $3,000 total)On the rent side, there are few rents in the area at $1250.

I’ve encountered properties where a do it yourself we had removed a wall and didn’t engineer it but rather used 2-2x4’s to support it so it obviously caused sag and we open it back up and correct it.

Rural street with massive lots already has handful of remodels with some listing close to $1M ARV.From BP flip calculator:$900,000.00 After Repair Value ($460,000 List Price $200,000.00 Rehab Budget $150,000.00 Profit Estimated Repairs Total: $200,000.00Could use input on overall deal, as well as typical $cost/ft to add a second floor to bring total to roughly 3,000 sq ft. with a 2nd floor master and bath, perhaps an office or extra BR upstairs as well.

Some of that learning is just getting up to speed on investor basics, but other bits of knowledge may be less well known or obvious.

These are approx but close numbers, just trying to get an idea.ARV $225Current appraised value $200Principal on 1st Mort is $98Current Heloc payoff is $48So when I refi, I assume I'll only be eligible for about $175 (75% of current value) I obviously want to payoff the current Mort and HELOC, so with the equity I have left (about $25K) should I just try to get cash out or establish a new HELOC?

(I'm using an app called deal check for my calculations so I apologise if this is obvious in the bigger pickets calculators.)

View report*This link comes directly from our calculators, based on information input by the member who posted.I am a bit confused as to how the total cash invested is calculated , my numbers arent the same as that in the calculator:TOTAL CASH REQUIRED AT AQUISITION Purchase price: 70000  Repair cost: 30000  ARV: 120000  Hard money loan(75% of arv): 90000  Points on loan: 2700Closing cost:2500   Total needed at aquisition: (70000+30000-90000)+2500=12500; the same as the calculator but arent the points paid on a hard money loan paid upfront?

Educated buyers are only going to purchase a property that can produce a decent return, and that means total revenue minus total costs. 

Its nice of you to help her out, but I've also watched Judge Judy enough to know how this could turn out. lol Obviously you can't sign a lease with her yet, so at this point, I would use the next month to determine if you'd even want her there for an extended period of time.

Any over valued housing article that doesn’t even talk about San Francisco, is obviously a joke.