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Financial Statement of Renovating Home?
Information on Buying a Home to Renovating to Investing.
How much to buy a home, All cost of Renovating and How much to expect to Invest/ Profit back?
1 Answer
- ?Lv 78 years agoFavorite Answer
Those are all variables. It depends on the area, cost of materials, housing costs, etc. You can buy a house in some small town in Georgia, USA for around $ 50,000 perhaps. It will be probably be a small house in poor condition. You'll have to redo everything and there is no guarantee that you will find a seller when you are done refurbishing it. This is just an example. (If the house is trashed, it's probably in a 'trashy' neighborhood, and no amount of 'fixing up' is going to attract buyers to live in such a neighborhood regardless of how nice the house looks or is.)
Too many variables to even attempt an answer at your question.
