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Updated almost 3 years ago on . Most recent reply

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Laurie F.
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Process and Timeline Help

Laurie F.
Posted

I’m researching how to start the process of finding my first fix & flip property which I plan to purchase in the next 6 months. Questions are regarding a typical timeline:

-do you hire someone to inspect property / estimate repairs needed before making an offer? Is this typically a home inspector or a GC?

-do you contact a lender (hard money) before or after making an offer or before/after having a contract?

Thank you!

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

You typically look at the house yourself first. If it appears to meet your requirements, then you get it under contract. Then you'll send the inspector in to verify it is what you think it is and you'll talk to the lender to wrap up financing. 

  • Nathan Gesner
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