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Updated over 3 years ago on .

User Stats

266
Posts
81
Votes
Brandon Reed
  • Rental Property Investor
  • Clermont, FL
81
Votes |
266
Posts

Help w/ General Contractor for Rehab Loan?

Brandon Reed
  • Rental Property Investor
  • Clermont, FL
Posted

Hi BP!

I'm doing a house hack with a conventional rehab loan. The loan requires that a GC give an initial bid for the work and then also sign off at the end that the work was done satisfactorily. But I'll actually hire and manage the subcontractors actually doing the work. I'd of course pay for your time as you'd need to come to the property initially to put together a bid and then sign the paperwork at the end. But that should be it as far as commitment goes on your end! You'd need to be located in or around Central FL. Let me know if you're interested. Thank you so much!