I am currently involved in my first investment property just outside Atlantic City. I got a 203K with my FHA loan and a general contractor gave me an estimate, on the bank's recommendation.
Bottom line is, I have been ready for the guy and patient for over a month but he's been stalling due to personal problems.
Does anyone have experience with changing contractors with the mortgage company?
Also, how do you find and vet new contractors to make sure they're legit?
Thanks in advance!
Is he the HUD consultant, or a contractor?
(Don't answer until you know what a "HUD consultant" is...)
I have worked with Billy Sternberg on a renovation in Atlantic City. He was recommended to me by my agent who I trusted. Billy does really good work and is professional. I am sure he has experience with the mortgage process as well. Give him a call or message me for his number.
HUD consultant comes first.