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A very common question around BP Nation is how to choose contractors and where to find them. Moreover, so many newbie investors ask how to estimate the costs to repair the property to bring it to the highest market va...
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The cost of rehabbing a house can vary greatly depending on the scope of the project, the location of the property, and the materials and labor used. Here are some general estimates for common rehab costs:
Minor repa...
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Hi team,I'm wondering if any experienced flippers/rehab teams can provide me some rough estimates.Home purchase price, sitting on 2-lots - 350k2100 sq. feet, built in 1930It needs the following:New roof + skylights an...
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Hey guys, my name is David Walls and I'm new to the REI industry and will begin with wholesaling. I'm a freshman at the University of Illinois Urbana Champaign, and I'm looking to find a mentor in Illinois, partner, o...
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House in Highland park, Ca. Hot area in Los Angeles. Going to get it under contract today. need a partner to cover rehab and closing cost. the purchase price is 419k and arv is 600k
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Hey BPers!
I am looking at an off market deal to buy in Easton Pa. A two unit at 120k that I would get vacant. I'd say that it needs $13k of work to hit my goal in renting it. Market value that is probably around 155...
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Hi all! I am having a hard time understanding the timing of the estimation of rehab costs. I thought you first estimated on a PSF basis how much the rehab would cost to come to a purchase price (PP+Rehab=70% of ARV), ...
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I have a quick question about capitalizing the rehab costs for a new rental.
-- The property is probably not currently habitable and is likely not ready to put into service (bathroom not functional, among other issue...
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Hey friends,How do I estimate rehab costs if there are tenants in the property preventing me/a contractor from going inside?
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After securing a conventional loan, how can you get a loan for construction costs? I realize 6 months later you could refinance, but is there something that can be done sooner so that money isn't tied up?