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Updated over 3 years ago on . Most recent reply

User Stats

60
Posts
20
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Albertinny Colin
  • Charlotte, NC
20
Votes |
60
Posts

Estimating rehab on larger MF underwriting.

Albertinny Colin
  • Charlotte, NC
Posted

Hi BP fam!

I am underwriting various deals in the 30 unit range in the Charlotte, NC market (one of which is off market direct to seller) and I wanted to get the  opinion on how the BP community goes about estimating rehab on each deal they underwrite (20 units+). Surely you don't always walk the property with a PM on every initial under writing do you? Im trying to figure out how to estimate my rehab budget on my initial underwriting.

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