Build-to-Suit Rehabbing

[David Robertson]

I just bought my first rehab property. I was curious if anyone has had success doing Build-To-Suit rehab projects? How does the process/agreement typically work?

I wasn't sure if it was a good idea to start advertising my property For Sale, the day I close as a Build-To-Suit house. This way potential buyers could do material selections and tailor the renovation to their wants/needs?

How do you advertise build-to-suit? What is the agreement with the homeowner?

Any input would be great.

Thanks for your time.

[Steve K]

This is a mistake, especially for your first flip. Buyers always slow down construction, they change their minds often, they don't want to pay a fair value for changes, they expect far too much of their builders time, and ultimately they make jobs less profitable.

As stated above just use finishes with mass appeal and if you've bought right and done a nice job you'll find a buyer.