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Updated almost 9 years ago on . Most recent reply

User Stats

4
Posts
0
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Brian Smith
  • Investor
  • Churchville, MD
0
Votes |
4
Posts

Found a Great Deal but No Contractor

Brian Smith
  • Investor
  • Churchville, MD
Posted

Hi, Since 2009 I have successfully flipped 4 houses using the same reliable contractor who does great work.  Due to  the market being a little tighter for quite some time now, I have not been able to find a good deal until today. It came on the market today and my wife and I went to look at it. All the numbers seem to line up for a good return but when I got home to call my contractor as well as 2 other recommended contractors, they were all swamped with work and could not get to my project for at least 3 months or not at all since 2 of them stopped taking on large renovation jobs. I am a cautious investor and I know this property will not last and I am torn as to what to do. Please help.

Brian

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