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  1. RumpledElf

    What is the rule of thumb in overcapitalizing

    That's what I did. I spent about 150% of the purchase price on renos on the last project, mostly DIY so it came out WAY cheaper than getting professionals in. The renos added about $1 of value for every $1 spent, maybe slightly less in the end. Juuuuuuuuust squeaked in on being breakeven in...
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