Tell Freddie what the property looks like and what you're planning — paint and flooring, full kitchen and baths, structural — and get a defensible rehab budget you can use for your offer, your lender, and your scope of work. Most rehab software charges $40-100/month. Freddie does it free.
Estimate the rehab, drop it into the full deal score, see whether the project pencils.
The single number experienced investors look at to spot over-rehabbed deals. Freddie scores against these thresholds.
We bought a hoarder house for $210K. The full rehab estimate was around $80K — kitchen, baths, flooring, paint, mechanicals. Instead, we paid $5K for a cleanout and resold as-is for $349K. Freddie scored the wholetail at 100/100. The next investor — a flipper who bought it from us — did the full $80K renovation and made money on the other side. Sometimes the best rehab budget is the one you don't spend.
We sold the property as-is for $349K with $5K of cleanout costs, no renovation. The renovation pictured was completed by the next investor who purchased it from us.
No credit card. No paid tier required. Just type the scope and let Freddie do the math.
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