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Tracy Thielman
  • Lender
  • Albermarle, NC
70
Votes |
203
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Do You Build Contingency Into Every Rehab Budget?

Tracy Thielman
  • Lender
  • Albermarle, NC
Posted

How much contingency do you typically budget for cosmetic rehabs?

  • 5%
  • 10%
  • 15%
  • More?

Curious how experienced flippers approach it.

Most Popular Reply

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4,740
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Caleb Brown
  • Real Estate Agent
  • Kansas City
3,279
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4,740
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Caleb Brown
  • Real Estate Agent
  • Kansas City
Replied

5-10%. Older homes I would have a larger one. 

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