Property analyzer

You own the opportunity. Your coach will teach, review, challenge, and recommend. Start with what you have found and the question you need help answering.

Use comparable sold properties, not asking prices alone. A price per square foot average does not account for neighborhood boundaries, size differences, or unique features.

An allowance is a screening estimate. Confirm scope, permits, and contractor pricing before committing to a purchase. Keep investigating costs even while pursuing an option.

Offer ceiling ≠ recommended offer. The supported price uses your required profit and assumptions. Your seller conversation, risk, inspection, and negotiation still matter. No assignment fee is treated as earned until a transaction closes.

This model finances the purchase price only; repairs are paid in cash. Cash invested includes down payment, purchase closing costs, repairs, mortgage points, and initial reserves. Initial rehab-period carrying costs are not included; add those to initial reserves. Monthly debt service is principal and interest; taxes and insurance are operating expenses.

An option can help secure time to investigate when appropriate to the transaction. Review the agreement, deadlines, assignment rights, and local requirements. Continue repair, title, funding, and buyer research during that time.