Finally, closing costs were reasonable.Cons-  Quality control of closing docs. 

When we do the construction loan, we'll take the cost you paid for your lot, your soft costs (plans, permits, property prep, etc) and add it to the build costs (keep in mind, we'll make sure those amounts are fluffed and that they make sense).

Costs a fraction of the funds compared to hiring a cold call agency.

The purchase price stands at $229,000 with an estimated rehabilitation cost of $50,000.

So, I have no idea how much money I owe for 2023&2024, how much money is actually mine, how to take advantage of tax deductions/credits/RE professional Status/ renovation costs/perform a cost segregation, if I really need a wealth manager at this point and how to take out my retirement investment and move it to a mutual fund I run independently.My ultimate goal: create systems for my corps to run smoothly and optimize business-related expenses,  keep my books up-to-date for both corps so I know my input/output, pay quarterly taxes throughout the year, give myself a modest monthly income and  continue to preserve/build wealth and grow my RE PORTFOLIO!

@Garrett BowserAgree with Wayne as it will increase his insurance and bond costs for having this project on the books along with the liability.I would guess 3-5% of project costs.

I have an inherited tenant that I was putting up with because although her rent was always late... she did pay and I wanted to avoid the turn cost and headache of getting her out.

Cost me 200 K is taxes because I could not complete the 1031 exchange.they talk a good talk BUT DOT NOT DELIVER.

How much will it cost to renovate?

Tell them you'll reimburse them the cost of the test if it comes back positive.