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13 September 2021 | 0 replies
The property info is correct, however the loan data is estimated so if my estimates look off please let me know.
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14 September 2021 | 10 replies
It is used to estimate the investor's potential return on their investment in the real estate market."
15 September 2021 | 20 replies
On my recent purchase they lent 75% of the rehab costs and did an ARV appraisal to estimate value after it was completed.
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21 September 2021 | 2 replies
As an investor, what gets my attention is a property that I didn't know about being available at a good price with remotely accurate rehab estimates and ARVs.
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4 October 2021 | 18 replies
He has a 20th anniversary edition out now.The Book on FLipping Houses by J ScottThe Book on Estimating Rehab Costs by J ScottBuy, Rehab, Rent, Refi, Repeat (BRRRR) by David GreeneAll of these are available at the BP bookstore, Amazon, or any of the arger bookstoresAlso, if there is a local Real Estate Investors Association group around you, join it when it is safe to go to large group meetings.
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29 September 2021 | 7 replies
Some numbers for the house:PP: $165K10% down + closing costs: $22K (Conventional mortgage for the remaining $148K)Rehab estimate: $30KARV: $220-$230KMortgage/Taxes/Interest: $1K Rent estimate (3BD/2BA): $2,100Some of our mistakes and obstacles along the way:Our handyman was truly terrible.
22 September 2021 | 1 reply
I’m finding very hard to estimate all the rehab coststhank you!
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22 September 2021 | 1 reply
Not sure how expensive the LVT you chose is, but I'd definitely want to get other quotes on your bid to get a truer estimate of contracting costs in your area.
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23 September 2021 | 6 replies
So the question is more how the different ratios (or $$$$) react to each other to properly estimate a return.
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28 September 2021 | 25 replies
Just talking rough numbers here with a 100k purchase price, 30k rehab (fairly extensive for a rental), 165k ARV, the estimated cash to close is under 20k with us