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Tracy Thielman's profile image
Tracy Thielman's profile image
Tracy Thielman
  • Lender
  • from Albermarle, NC
  • Member since Sep 19, 2025

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Tracy Thielman's profile image
Tracy Thielman's profile image
Tracy Thielman
  • Lender
  • from Albermarle, NC
  • Member since Sep 19, 2025
Tracy Thielman
  • Lender
  • Albermarle, NC
80
Votes |
210
Posts
Rehabbing & House Flipping

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.

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Caleb Brown's profile image
Caleb Brown's profile image
Caleb Brown
  • Real Estate Agent
  • from Kansas City
  • Member since Sep 18, 2018

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Caleb Brown's profile image
Caleb Brown's profile image
Caleb Brown
  • Real Estate Agent
  • from Kansas City
  • Member since Sep 18, 2018
Caleb Brown
  • Real Estate Agent
  • Kansas City
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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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