Hey all,Been reading for some time, but first time poster. Brief context, we've owned one rental property since 2014 - though I didn't know it at the time, it was in essence a rehabbed turnkey property. It's been a g...
Hi all! I’m looking at purchasing a flip. Purchased my first rental about a year ago but no good experience with a fix n flip. I want to purchase this property, but need the most efficient way of estimating renovat...
I’ve been looking into using the FHA renovation loan. As I understand it allows general rehab up to $35,000 that can be financed into the mortgage. Does anybody have any experience with this loan and can help me under...
Hi All, kendrick here! I’m looking to do my first flip and I plan to go either the hard money route or using others money. However, I’d like to know when doing a draft on the numbers for presentation, what should I pa...
Hi there, I'm looking to buy a duplex with an FHA loan in the next year and curious if I can also convert the garage(s) into another unit or create an ADU. ADUs are legal in Texas, but I'm interested to know if anyone...
Investment Info:
Single-family residence wholesale investment.
Purchase price: $102,500
Cash invested: $5,000
Sale price: $140,000
4 bed, 1.5 bath, colonial built in 1908 with 1,848 sq feet of li...
When analyzing a deal, what is the best strategy for estimating rehab cost? Do you only do it after walking the property or inspections? For a newbie, how do you get close without really knowing what to look for?
How do you estimate a rehab cost of an out of state deal? I have several great leads with several potential buyers. But I do not know how to get the rehab estimates virtually. Any help will be great!!
Hi bigger pockets! I am a new investor putting a lot of offers and I got two excepted.
The contractor is charging 350 dollars for him to quote a price.
Is that normal?
Hey there! A common thing I have run into is estimating repair values accurately. I have seen plenty of videos talking about it but of course have no idea if these are legitimate methods as I have never rehabbed a hou...