All Forum Posts by: MG Perkins

I have a hard time seeing quality and cheap in the same mention.

I also understood it was not allowed for a handyman to be doing anything on a site with more than $1000 of activity taking place.

What are the top characteristics or abitilies that make a general contractor attractive to the real estate investment world? 

Is it an attractive arrangement when a contractor would pay for all rehab costs (per investors plan) on a property an investor buys, to give first refusal option to contractor to buy the house at ARV minus the rehab costs?

This would give a definite buyer in the contractor who would now have "skin" in the game for refinancing from a bank. Original profit projections could still be made.

I have no cash reserves but want to start a portfolio. Am I missing anything about flipping practices?

Is it an attractive arrangement when a contractor would pay for all rehab costs (per investors plan) on a property an investor buys, to give first refusal option to contractor to buy the house at ARV minus the rehab costs?

This would give a definite buyer in the contractor who would now have "skin" in the game for refinancing from a bank. Original profit projections could still be made.

I have no cash reserves but want to start a portfolio. Am I missing anything about flipping practices?