Contractors for fha 203k loan in Gary, Indiana

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Contractors for fha 203k loan in Gary, Indiana

Andre Strickland
Merrillville, IN · Member since 2017 · 6 posts · 1 vote

Looking for reliable, affordable, and experienced General Contractors for a fha 203k rehab in Gary, Indiana 

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Peter MckernanBusiness Member
Residential Real Estate Agent · Irvine, CA · Member since 2013 · 2k+ posts · 1k+ votes
10mo
Quote from @Andre Strickland:

Looking for reliable, affordable, and experienced General Contractors for a fha 203k rehab in Gary, Indiana 

You will need to have your lender search the vendor list for contractors, or send it to you to get someone off the list and hire them. I just went through one of these with a client. Lender pulled the list, called the closest guy and we used him. I would also call multiple GCs off that list, not all are willing/able to work. 
The McKernan Group4.957 Reviews
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  • Peter MckernanBusiness Member
    Residential Real Estate Agent · Irvine, CA · Member since 2013 · 2k+ posts · 1k+ votes
    10mo
    Quote from @Andre Strickland:

    Looking for reliable, affordable, and experienced General Contractors for a fha 203k rehab in Gary, Indiana 

    You will need to have your lender search the vendor list for contractors, or send it to you to get someone off the list and hire them. I just went through one of these with a client. Lender pulled the list, called the closest guy and we used him. I would also call multiple GCs off that list, not all are willing/able to work. 
    The McKernan Group4.957 Reviews
    WebsiteView Page
    1Reply
  • Lenny Figueroa
    Long Beach, CA · Member since 2018 · 18 posts · 6 votes
    10mo

    Hi Andre I have a good friend that can you help you out. Send me a dm and I'll send you over his contact details. 

    1Reply
  • Andre Strickland
    OP
    Merrillville, IN · Member since 2017 · 6 posts · 1 vote
    10mo

    Sweet thanks 

    0Reply
  • Frank PyleBusiness Member
    Specialist · USA · Member since 2024 · 280 posts · 130 votes
    10mo

    If you’re looking for a 203k contractor, I’d reach out to Tom Michalic. He’s based around the Indianapolis market but he has a national network and can usually get you connected with the right 203k contractor wherever you are. He also knows the lender rules and draw process which is half the battle on these projects. Here’s his channel so you can get a feel for how he works https://www.youtube.com/channel/UC0BKVWYEbL8U0fEJ5Fh14-A. 

    [email protected]317-501-3467
    Frank Pyle at ExP Realty
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    NEXA Lending- Investors Edge Concierge
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    0Reply
  • Paul Welden
    Real Estate Agent · Tempe, AZ · Member since 2011 · 1k+ posts · 543 votes
    10mo

    I'd recommend using a Certified 203k Contractor. The 203k is not a normal renovation process and contractors should know the ins/outs of the 203k guidelines, processes, timelines, paperwork, nuances, variations, payment process, change order, draws, etc. 
    Otherwise, they are doing it blindly and that is extremely difficult. 

    Hope this helps! 

    0Reply
  • Jonathan KlemmBusiness Member
    Moderator
    Contractor · Chicago, IL · Member since 2016 · 4k+ posts · 2k+ votes
    10mo

    Hey @Andre Strickland - How large of renovation are you planning?  We primarily work in Chicago, and we are actually on the website that @Paul Welden recommended, but we probably wouldn't show up for NW Indiana.

    [email protected]
    Quality Builders4.968 Reviews
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    0Reply
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