The Contractor Playbook: How to Find 203k-Approved Pros Who Won't Ghost You

The Contractor Playbook: How to Find 203k-Approved Pros Who Won't Ghost You

Here's the truth nobody tells you about 203k loans - the contractor makes or breaks everything. I've seen gorgeous renovations and absolute disasters, all with the same loan program. The difference? Who's holding the hammer.

Why Most Contractors Hate 203k Jobs (And How to Find Ones Who Don't)

The Problem:
203k contractors get paid in stages after inspections. No big upfront checks. Some call it "government red tape" - I call it "accountability."

How to Spot a Good One:

  • Asks for detailed specs (not just "trust me")
  • Has 203k experience (ask for addresses of past projects)
  • Willing to wait 30-45 days for first payment
  • Provides line-item bids (not lump sums)

Red Flags:
"I don't do paperwork"
Wants 50% upfront
Only communicates via text

The Secret 203k Contractor List (And How to Access It)

  1. Ask your lender - Most keep approved contractor lists

  2. Check HUD's website - Search "203k consultants" by zip code

  3. Drive neighborhoods - Find houses under renovation and ask who's doing the work

Pro Tip: The best contractors are usually booked 3-6 months out. Start interviewing during your house hunt, not after closing.

Watch Me Grill a Contractor (So You Don't Have To)

See my exact 203k contractor interview questions in this segment:

#Realtor #RealEstateAgent #FirstTimeHomeBuyer #InvestmentProperty

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