Shell at 165, rehab at 140, and the 70 rule says my max is 129
Been building the list for eight months and this is the first one I'd actually chase. 1940s two story, 1,640 sq ft, vacant maybe three years. Knob and tube in the accessible runs,…
The full-gut flip is the deep end of renovation, where the investor takes a property in serious disrepair, often down to the studs, and rebuilds it: new systems, reconfigured layouts, structural work, full kitchens and baths.
Log in to followBeen building the list for eight months and this is the first one I'd actually chase. 1940s two story, 1,640 sq ft, vacant maybe three years. Knob and tube in the accessible runs,…
Bought a 1920s four unit two years ago, all four occupied, all four rents about 40 percent under market because the previous owner never touched anything. Two units are 1 bed, two…
Career changing into this and I've got no construction background at all, so please assume I know nothing. There's a listing near me, 1,100 sq ft, 95k, description says "down to t…
240 purchase, closed three weeks ago with hard money at 240 plus a rehab facility. 1962 ranch, 2,100 sq ft, previous owner started a renovation in 2019 and stopped. Half the drywa…
I'd like to do this in a way that doesn't blow up on me, and everything I read about gut rehabs sounds like drama by design. But I keep landing on the same problem when I look at…
Reading a term sheet for the construction side of a heavy rehab and I've got questions that are probably obvious to people who've done this. Structure as I understand it: 240k pur…