Complete interior renovation including kitchen and 2 bathrooms with "Pittsburgh Potty" basement bedroom conversion.

Renovating interior and exterior.

For example if the balance on the loan is $45,000 you want to understand the value as your bid should be the lower of the unpaid balance or property valueLet’s at you bid 50% of value if the property was worth $100k your bid may be $22,500 (50% balance) but if property wa worth $30,000 your bid would be $15,000Value is a risk because you cannot get interior photos of property.

I took two different crews of contractors to the property to get bids.We discovered that the roof and HVAC system were 20 years old, the parking lot needed to be repaved, the retaining wall needed to be fixed, and all of the interior units hadn't been updated since 1960.

He will fix this with a mini-wax blend-fil wax pencil and blend to match the cabinet interior.

But just so you get an idea. 15-20K  is something like new paint interior (6 to 9K for a SFH)  I would say close to 8 to 11 K for a 3 family home (depending what size house). 3 new water heaters about 5K.. and there goes your budget.Just paint and water heaters.

Currently, we are building a 5 plex and his input and his brokers input helped determine not only the design, but interior expectations.

Purchase price: $110,000 Cash invested: $40,000 Sale price: $229,000 Updated interior and added a bathroom What made you interested in investing in this type of deal?

1925 houses have A TON of windows... ours had about 25 of them.. the worst part was that we had already almost completed the interior remodel... so now the framer had to try and not destroy the work that was already done inside.  

Looks like there are 2 steps down from the backdoor ... what about building a "deck" over it that would be even leveled to the interior floor/backdoor.