Anonymous
Anonymous asked in Business & FinanceRenting & Real Estate · 2 months ago

How much money can you make on a fixer upper that only needs cosmetic work?

6 Answers

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  • 2 months ago
    Favourite answer

    like $1,000,000

    Serioiusly there is SO many variable to that one!

    you could make nothing, you could make $50,000.

  • 2 months ago

    That would depend on how much you got it for vs how much you think you can sell it for.

  • 2 months ago

    If you are after an exact price, then that is impossible to give you.

    At the end of the day it depends on:

     a/ what you paid for the place

    B/ what you spent buying it and doing it up

    C/ what the maximum price is for a similar, fully refurbished property on that particular street.

  • 2 months ago

    Depends how much you buy it for, how much the changes will cost, and what you can sell it for afterwards; plus any costs of buying / selling etc. 

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  • 2 months ago

    depends on your credit rating..

  • 2 months ago

    How can anyone answer this question with no information? There are several good books on the subject.

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