Since I don't have that kind of cash sitting around, I would need private or hard money loan to finance the purchase & rehab costs.If I budget $25K in points/financing for 4 months, a 5% Realtor commission to sell the house and other incidental costs, my total expected costs would be around $600K, leaving $25-50,000 profit depending on final sale price. 

I usually budget my maintenance and capital expenses higher and would probably estimate about an 8% cap on the property. 

It might also mean 80% of the rehab budget.  

Best budget underlayment for hand scraped 8mm laminate wood flooring.

So what is a conservative ARV and a conservative rehab budget, etc.

Joseph Coach from Pasadena, California**NEED ADVICE PLEASE on the best use of my time, as I drive a commercial auto transport truck 10-16 hours 6 days per week.

I know many vets who like me drive truck, and pass random drug tests on a regular basis.

I am just hearing some of the colder climate towns are dying off and raising property taxes to try and offset county and city budgets.

I want to make a sunken garden in the old basement and have one or two food vending trucks or trailers (on the grade level).  

I'm working at developing my brand and determining a marketing budget to reach motivated sellers.