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Rehabbing & House Flipping

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Ed L.
  • Residential Real Estate Agent
  • Hattiesburg, MS
141
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475
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Cost to budget on Bathroom

Ed L.
  • Residential Real Estate Agent
  • Hattiesburg, MS
Posted Apr 15 2012, 20:45

I'm planning on submitting a offer on a nice REO tomorrow..

House is in great condition mechanically and has about 2700 sq/ft of cosmetic only renovations.

Paint, Floors, Kitchen, & Baths..

I've calculated everything except the Bathrooms and am currently at 30,000 in Renovations.

The house has 3 Baths and all are circa 1970 with tile floor, and shower surround. I'm planning on Re-tiling, Granite Counters, Bead Board, and New Fixtures...

Just curious what others are budgeting for demo and bath remodel.

Also curious if HUD has a minimum % of list in order to counter or accept.. I've heard some different figures percentages.

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