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Once you complete the module on renovation lending, here is your opportunity to see if you can “find a deal.” Search for a home on the market (use zillow, redfin, realtor.com, etc.) and search for a fixer upper. It is worth noting that redfin has a fixer upper filter.
Once you find a home, estimate how much it will cost to repair the home and/or determine how much it would be worth fixed up. Set a budget and list the renovations you would make to the home with the set budget. You can search for similarly sized renovated homes in the same zip code to determine the after repair value.
Make sure that you include: Cost to purchase the home, renovation budget and after repair value.
Order from us for quality, customized work in due time of your choice.