BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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 almost 3 years ago,
When during a BRRRR should a contractor give me an estimate?
Good morning guys! I am from Long Island, NY, and I am looking into getting my first real estate property out of state, with a potential BRRRR. My question is if I find a property that seems enticing via pictures, agent opinion, etc for a BRRRR, when should I have a contractor see it to give their opinion on the condition and estimate?
From what I have seen so far, properties fly off the market in a few days and I feel I would be missing out on a deal to send a contractor over to only then put an offer in?
Should I put an offer in, and once it's approved, send a contractor out to see if the numbers make sense?
Thanks!