Basic refreshes to the fixtures, appliances, etc.

I have basic familiarity with some of the terms and am educating myself on the processes and procedures.

They are basically the same thing but just called by different names. 

But  what they did open up for me was development lines Horizontal ( which if anyone has tried to build a subdivision knows those are really tough and if you need private money very expensive) and just finishing up on 90 home project were they loaned me over 45 mil to build it out plus 6 plus mil for horizontal.. having a commercial banker on your team is critical and you protect them with your life literally.

However, once you've got the basic down, let me know if you want to discuss strategies and approaches or if you're considering a deal you want another set of eyes on.  

The layout had potential, the price was right, and I saw an opportunity to bounce back, apply what I’d learned, and finally have a smoother project from start to finish.

Hi Michael,I would start by reading JScott's Book on Estimating Rehab Costs to learn the basics.

We are leaning towards a refi and just HELOC out the funds (our original downpayment) if we need money for the next project. 

There’s also room for value-add projections and basic scenario testing.Additionally, it includes:✔️ Contractor Interview Questionnaire (Fillable PDF)✔️ Deal Analysis Checklist (Fillable PDF)✔️ Residential Property Walkthrough Checklist (Fillable PDF)If you're looking for something plug-and-play that still lets you tweak the assumptions, you might find it useful.🔗 Here’s the full toolkit on Etsy: 👉 Real Estate Investor Starter ToolkitI’m happy to answer any questions or send you a preview if you’d like to take a look inside one of the models!

We found a home we love and see as the ideal place to raise our growing family. The property needs significant work. The current owner bought it for $420K via tax lien, and we’ve verbally agreed on a $470K purchase pr...