Updated about 5 years ago on . Most recent reply
new to investing and i have a question.
I am looking to start flipping and whole selling houses in the Austin market. I did purchase a primary resident late last year but other than that have no real-estate experience. I have been doing a lot of my own reading but there is one question I just cant seem to find the answer to. I know when trying to wholesale you should use ARV x .65 - repairs - wholesale fees. My questions is how do you get the cost of repairs? My partner is actually a general contractor and will be able to make general estimates but do I have to do this off pictures or will people let me in there homes to look. I know that anything on MLS this wont be an issue but im talking about other outlets; Pre-foreclosures, bankruptcies, REO, ect…