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Rehabbing & House Flipping

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Rigo V.
  • Investor
  • Morris Plains, NJ
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294
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How to pay a GC? How to figure out scope of work?

Rigo V.
  • Investor
  • Morris Plains, NJ
Posted Mar 28 2018, 17:30

how you do pay your GC? If the GC requires a deposit and the HML only pays after work is completed (completely makes sense) does the deposit come out of pocket?

Also, I read a few times that your quotes from GC’s need to be have a specific scope of work and in writing. Do I need to have the type of materials I want used? What if I don’t know that exactly. 

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