Rehabbing involves buying old houses desperately in need of repairs at a discount after carefully estimating the cost of repairs and its after-repair value, repairing it by keeping costs to a minimum and selling it within a timeframe for a reasonable profit. It is recommended that rehabbers learn the art of fixing up properties by adopting as many cost-saving techniques as possible.

Consider retaining a professional on a consulting basis, and then proceed to rehab on a selected-phase basis.