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Updated over 5 years ago on . Most recent reply

User Stats

59
Posts
43
Votes
Jesse Lynch
  • Real Estate Agent
  • Minneapolis, MN
43
Votes |
59
Posts

Contractor references for Twin Cities 203k loan flip

Jesse Lynch
  • Real Estate Agent
  • Minneapolis, MN
Posted

Hey BP folks,

Looking for licensed general contractors in Twin Cities Metro! (Minneapolis/St. Paul)

I've flipped a couple houses on my own, but I am currently in the process of finding a flip(or possible BRRRR) with the possibility of using an FHA 203k loan on some of the rougher properties. I have some i'd like to pursue, but to make an offer I'll need a simple bid from a licensed contractor, and then upon acceptance of an offer a more thorough estimate to get the final approval of the loan.

I’d love any references for a general contractor in the twin cities metro that would be willing to work with on a flip using a 203k rehab loan.

I appreciate any help!

Most Popular Reply

User Stats

742
Posts
924
Votes
Bruce Runn
  • Investor
  • Minneapolis, MN
924
Votes |
742
Posts
Bruce Runn
  • Investor
  • Minneapolis, MN
Replied

Every good GC I know is booked up 6-12 months.  If you are just bringing in someone to help you get an idea of costs- be prepared to pay them

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