Contact your inspector and get a copy of the inspection report to us for review.
Call your lender to confirm your budget, ARV (After Repaired Value), and possible closing date.
Make sure utilities are turned on during inspections or as soon as closing happens.
Review your written estimate and make revisions if needed.
Schedule a pre-construction walk with your project manager for any last minute revisions to the scope of work (SOW).
Confirm final revisions with the office and sign off on the estimate.
Estimate Approved and Ready to Start Work
Understanding the Rehab Process
Once your signed estimate has been processed by our office, we will set your project up on a cloud so whether you are at home in your pj’s or in a café on the other side of the world you can see the progress being made on your investment. Pictures, videos, message boards and your job calendar will keep you informed of the daily progress.
During the rehab, you will want to keep your property management company or real estate agent abreast of the completion date and final stages of the rehab so they can start preparing for a renter or a buyer. We will coordinate directly with your property management agent on the final stages of the rehab and will help facilitate making sure the property move-in ready.
Communicate to your lender about your exit strategy. What will they need for the Refi process or the move from Hard Money to a conventional mortgage?
Finishing Touches – because it’s not your house, it’s your investment.