Do You Build Contingency Into Every Rehab Budget?

[Tracy Thielman]

How much contingency do you typically budget for cosmetic rehabs?

• 5%
• 10%
• 15%
• More?

Curious how experienced flippers approach it.

[Bill DiFilippis]

Deal desk manager here - majority of our fix and flip loans are 10%. MAYBE if it's an experienced investor 5%.