Contractor wants 40 percent up front on a 31,000 cosmetic scope
Helping on the paperwork side of a small flip and the general contractor's proposal asks for 40 percent at signing, 40 percent at what he calls substantial completion, 20 percent…
The cosmetic flip is the lighter end of the renovation spectrum.
Log in to followHelping on the paperwork side of a small flip and the general contractor's proposal asks for 40 percent at signing, 40 percent at what he calls substantial completion, 20 percent…
I don't have a property. I'm trying to build the budget sheet first so I'm not doing arithmetic in someone's driveway. So far I have paint, flooring, light fixtures, cabinet hardw…
1,500 square foot two story, bought at 171, spent 24 on paint, LVP, carpet upstairs, fixtures, and a bathroom vanity swap. All-in 202 with closing and two months of carry. My agen…
Looking at funding short term paper on light rehabs and the draw mechanics don't map. On a full gut you have framing, rough mechanical, drywall, and each one is a visible mileston…
Bought a small two bed cottage, dated but sound, 900 square feet. Budget was 26,000 cosmetic. Three weeks in I've spent 4,200 and nothing I've paid for is visible. Dumpster and ha…
Still finishing my licensing coursework, so I can't represent anyone yet, but a friend has asked me to look at a house he wants to flip and tell him what it'll sell for after. He'…
My usual business is land and long holds, so this is out of my lane. A 1960s ranch came to me through a family situation, 1,320 square feet, clean inspection, everything works and…
Three bed one and a half bath, 1,340 square feet, built 1962, sound roof and a furnace from 2019. Seller wants 148 and will take a two week close. Comps in the pocket are 232 to 2…
I've been running the formula on everything in a 20 mile radius. ARV times 0.70, minus repairs, and that's the most I can pay. On a house listed at 189 where I think ARV is 250 an…
Under contract on a 1,480 square foot three bed two bath in a 1978 tract subdivision, midwest, inspection cleared with nothing structural. Original kitchen, carpet over slab in th…