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Updated 10 months ago,
Permits on starting first flip investment
I just started my company and purchased a house in West Palm Beach under my corporation. My family is already in construction however we can’t start doing anything until we have permits with the city. Which is a big problem. Because the house (deed) is under the corp. I can’t change the deed since it’s a private lender and we just closed last week. I’m not able to pull the permits unless it’s a contractor. But most contractors want all the work and cost a ton of money which we don’t have since I’m using a construction advance loan. I would like us to renovate the property but having a difficult time finding a contractor that would be able to work with us on getting the permits and the drawings so we could move forward with the city. Could anyone help out out with this? I understand I have should have put the deed in my personal name instead so I could pull the permits myself even though I’m the President of the corporation. Any assistance or advice is much appreciated!
Thank you,
David