General Contractor Question

[Mohamed Nagoor]

Newbie working on my 1st flip.

I have 2 GC quotes. One of the GCs I've worked with him in the past and I know him for many years. Last year when I sold my primary residence he did not do an awesome job with the reno and my Agent who who was helping to sell the home was also not too happy. I gave him the feedback and he's promised me that he will not drop the ball and he has a new crew that he's hired and will be on top of things.

2nd GC seasoned contractor who has renovated homes in the area that I'm currently flipping and gave me a quote 10K higher than the GC I worked in the past.

When I crunched numbers I have 10K as buffer. The 2nd GC eats up that 10K leaving me no buffer but I take a hit on my profits which about 20K if I go with the 2nd GC.

Would like to hear thoughts and strategies from the pros to help me decide who to pick.

Thanks