Getting multiple general contractor proposals

[Tyrone Marson]

How does one handle getting multiple general contractor proposals on a property to be fixed and flipped, prior to making an offer to the seller. Will seller allow multiple walk throughs of the contractors?

[Joseph Cacciapaglia]

I think getting multiple bids prior to making an offer is a waste of everyone's time. Find one contractor that you like and trust, and make offers based on their estimates. If you decide you want to get competing bids, get them once you've closed. In reality, as the investor, you need to learn to make your own estimates prior to making offers, and then get your contractor in during the due diligence period to confirm and refine those numbers. There are some exceptions, but if you get bids on every deal you want to offer on, you're going to alienate your contractors pretty quickly, unless you pay them for their time (this is a real option).