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We are under contract with a duplex where we will house hack one side and rent out the other. Our monthly mortgage/tax payment/etc will be about $1500. Based on the market, we should be able to rent out the other sid...
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Good morning,My question is how do we go about estimating rehab cost? I've been told $30 per sqft is the rule of thumb. Is this accurate? I would imagine this could ruin you as an investor if you get this wrong. I've ...
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This is a question for anyone who has completed a flip in the last twelve months. What is your typical or average cost for renovations on a total rehab? What is the average for a medium rehab? Thank you in advance for...
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Hello BP family!Hope everyone is enjoying their weekend. I am new at wholesaling and I understand how calculating the rehab cost is one of the primary number to figure out if a deal has potential or not. I need your...
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I want to eventually be able to cost out Rehab myself without bringing my contractor with me. I am doing drivebys on 20 houses a week and going back into 8-10 house a week. It simply isn't possible to have my contract...
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I got a property on MLS under contract. I just realized the rehab cost would be more than the estimate. I have 3 days to closing. The comps that the hard Money lender are using is lower than the accual comp.a) Can...
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Does anyone have any experience with giving or receiving rehab loans. I have a small group of friends about five or us. We each have about 5k and are thinking about pooling this into a 25k sum to do some private lendi...
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I have been searching for the perfect rehab for awhile now. I recently had an idea and would like to hear/see if anyone has any experience with this. Has anyone done a partial rehab. An example is you guys a house for...
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How do you figure out the rehab costs very quickly?
Does anyone have a Go to website/go to company?
"Property is for 59k (didn't make offer yet)
Large 3 family
3 bedrooms
Double parlors
Needs complete rehab"
Newbie*
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Okay so I am trying to get better at estimating rehab costs and currently I am trying to come up with a list of how much repairs will costs. From my understanding their are two philosophies when it comes to repair co...