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12 December 2022 | 4 replies
As others have stated, this is what will be invested into the deal that you will be responsible for bringing to the table - the lender will be covering the remaining balance - these costs will be the down payment, rehab budget you are responsible for, lender origination points, fees, among other things.
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13 December 2022 | 0 replies
Basements are expensive to fix, always consider that cost in your rehab budget.
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13 February 2020 | 12 replies
REHAB - not only do you need to know your REHAB budget but you need to make it FIT into your BUY financing.
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1 December 2020 | 31 replies
If you cross reference these two lists, you'll find a lender who has experience closing 203k loans AND will fund the escrow for the renovation budget vs selling the loan off at closing.
13 December 2022 | 2 replies
You could use the same process to create a higher ceiling, although I imagine it’s horrendously expensive and probably way outside your rehab budget.
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13 December 2022 | 10 replies
Can't tell you if your repair and capex budgets are accurate.
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15 December 2020 | 10 replies
I have an $11,000 budget to kick off marketing.
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17 September 2021 | 5 replies
Some HOA don't allow for immediate rentals and your stuck with a condo that you can't rent until 1-2 years post purchase- Ask HOA for there operating budget.
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16 December 2020 | 22 replies
Are you talking about the comp for rehab budget?
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14 February 2021 | 6 replies
How do you guys budget for repairs and capex expenses when estimating cash flow.