Some lenders require that you have significant improvements made to be property and documented by a certified appraiser (in our state additional appraisal certifications required to do PMI appraisal) which has to be submitted for the lender review.

Once the funded this part you temporarily become the owner, which allow you to sell the property in Part 2 of the TransactionPart 2 Here you have to decide whether you will selling the property in a Land Trust, Double Closing, Assignment Contract or an option Contract.

Should I buy the property and hire the flipper as a contractor or act as lender and have him take deed to the property??

Carry this a bit further, let's say that some contractor buys a bassboat, a decent little $40,000 dollar boat and finances the boat.

I suspect your contract or the addendums say something to the effect that the buyers only recourse if the seller breaks the contract is a return of the earnest money.

This from a contractor who I called to give me an estimate on installing a window through the hole.

I was looking up the contractor RGC Builders, Inc. and noticed that they advertise on their website that they have insurance and workers comp, but when I looked up the contractor on the Palm Beach Contracotrs Certification webpage I discovered that RGC Builders, Inc does not have either.

Originally posted by Wheatie:Get estimates for the repairs and provide them along with a request for a price reduction.Most contractors are giving me a 2 day out time.I had the home depot contractors come out too, because I figured they would be the HIGHEST bids.

If I do this, do I need to find a contractor that specializes in section 8 inspections?

Independent contractor or employee?