Have to have licensed contractor?

[Joseph L.]

Hey guys,

I am still looking for my first project and was wondering for you guys who rehab if you have to have a licensed contractor do the work?

The reason I ask because a family friend is a Handyman and does electrical/flooring/AC work and everything. He currently isn't licensed but would be a ton cheaper and does quality work that I have seen from electric to complete kitchen/bathroom renovations.

If I get a conventional loan or FHA loan and live in the property do I still need a licensed contractor?

If I get a investment property loan then would I need a licensed contractor?

Has anyone gotten there GC license in order to do some of the work themselves to save money?

I live in florida by the way and thanks.