Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago on . Most recent reply

Payment process of your contractors
First flip and working on SOW. I've heard a few different ways, but wanted to see how flippers paid their contractors when working with HML that pay once projects are completed and inspected.
Do you use your own funds to pay a percentage down to get them on the books and then rest after completion?
Nothing until project is complete?
Follow the contractors payment plan? I've been several different plans, depending on the contractor I'm talking to.
Thank you!