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Updated over 5 years ago on . Most recent reply

User Stats

47
Posts
5
Votes
Curtis Curley
  • Rental Property Investor
  • Houston, TX
5
Votes |
47
Posts

Should I get a general contractor or look for houses first???

Curtis Curley
  • Rental Property Investor
  • Houston, TX
Posted

Looking for guidance for 1st few steps. Here's what I have and where's where I'm stuck. I know I want to purchase a single family home 3-1.5+ with 2 car-garage in a middle class, or upcoming, community. Preferably, it would be a home that needs renovations that would give me a higher ARV. The BRRRR strategy is what I'm looking for without about $20K in capital on hand. My main concern is that I having a home in a unlivable condition while it racks up costs because I'm vetting contractors. I also don't want to have a contractor who doesn't have the skillset I need to get my house up and running as fast as possible. What are your thoughts??

1. Get Pre-qualified

2. Line up finance companies

3. Line up realtors

4. Line up contractors or start looking for houses???(What's your recommendation and why?)

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