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Rehabbing & House Flipping

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Vonetta Booker
  • Investor
  • Stamford, CT
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247
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Contractor payment, materials & labor questions

Vonetta Booker
  • Investor
  • Stamford, CT
Posted Dec 30 2014, 09:21

Hi, all--I'm in the closing process of my first rehab (a HUD deal), and meanwhile I'm in the process of interviewing contractors.

For the most cost-effectiveness & efficiency, does one usually purchase materials needed & either have the contractor pick them up or delivered to the site?  And does the contractor give info on how much or size of a certain item(s), based on measurements taken beforehand? 

Also, I've noticed that many contractors (at least in my area) don't take credit cards (which I'd rather use as some form of protection in case something goes left)--even the ones seemingly well-established.  Is this a thing across the board? 

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