I'm not going to get into the deal specifics since I just got the project under contract however here are a few details:Purchase price - 1.55MM w/ 10% seller second at 5%Rehab - 100-150k - mainly windows, plumbing stacks and misc cosmeticGross rents are around 30k/monthTenants pay for everything but water/sewerInstantly appealing the taxes right at closing.

I replaced all the light fixtures and fan fixtures, and re-did much of the plumbing in the kitchen sink and bathroom as well.

Then she tried to contest it, saying that she was a victim of domestic violence and needed 3 more months to stay for free.

I've also done a few electrical and plumbing repairs (just minor things).

ARV:$59K To $79k Conservative built in Equity, Rents $500 a Month & $450 Total $950, $1k EMD to take Off Market, I will pay half of Closing Cost, $200 Gift Card to Dick's or Walmart YOUR choice, 43in TV, CLOSE Before April 30th, also have Owner Finance, Terms available,new roof,windows,Pex Plumbing,Electrical,Siding,kitchen an Bath,Tile,& Laminate Floors, $48,000, 4/2 duplex, 1212 sq ftI went on the BP to use the rental calculator and notice I was missing some information.

You need to walk through units, experience an eviction, assess a plumbing issue and determine the best course of action.

I do have some experience with rehab projects, I usually worked on my friends and family condos (never houses)..scope of the project usually included light plumbing jobs (new faucet, sink, connect plumbing underneath the sink, light electrical job : installing new fans, demoing non-load bearing walls, framing around pipes ducts rewiring/running romex from point A to B, new flooring – allure, painting, light carpentry like installing new cabinets, overseeing granite installations, tiling work etc).

Even with a license you still need licensed subs for some trades - mechanical, electrical and plumbing, commonly.Getting a GC license is typically just a matter of taking a test and paying the fees.

We are looking to just payoff our loan and move on with other projects.What we have done since purchase:-painted exterior -replaced bad roof on garage and porch -gutted first floor walls and ceiling -purchased 5 replacement windows to upgrade the ones which are outdated (comes with the house) -gutted the plumbingWhat needs to be done: Repair/replace some weak/rotted floor joists -Reinforce the trusses (outdated and weak) -Add some foundation support -Install the windows already purchased (come with house) -Install new electric -Install new plumbing -Install new furnace/AC and some duct work -Insulate and drywall the first floor -Paint interior walls and ceilings -Install new flooring -Install full kitchen and 1.5 bathroomsThe basement is accessible only from the exterior of the house and is a small (approx 10x10) room for furnace/water heater and the rest of it is crawl space.Total rehab cost = $45,000Purchase $59,900+45,000 rehab = $105,000 costEstimated After Repaired Value $160,000-170,000There are two bedrooms now, but a third is framed in to be added on the first floor.We have a short term loan which must be paid off, so we cannot do any type of owner financing.So that is the info I got from this source I don't own this I'm looking at making a deal let me know ur input thanksPS BP is da bomb !!!!!

Need some work for the heat, plumbing, electric, bath, floor, wall, siding, roof.Let say the purchase price is $130k- What would be the average cost ($$$$)?