All Forum Posts by: Oscar Moreno

@John Morgan Thank you for your response. You actually painted a great picture in my head. So essentially the entire rehab bid of $25,000 is already including his payment.

Thank you for your reply! And is 40% a little high? I though the typical pricing could be in between 15%-25% of the rehab cost.

I am fairly new to the world of real estate and I am still trying to learn the basics on how to start a house flip! How do you go about paying a contractor? If I do a rehab of $30,000 does the contractor take a percentage of that $30,000? And should that percentage be including in my total rehab?