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Updated over 1 year ago,
How do you pay GCs/contractors?
Hi! I'm relatively new to flipping in the US and don't have much experience with estimating construction costs.
New flippers, how do you solve this challenge? Do you bring a general contractor (GC) every time you do a walkthrough and get different bids during the inspection period? If yes, do you pay (and how much) the GC for the initial walk?
I would love to hear your insights! Thanks.