Keep in mind that there are plenty of excellent contractors that may know how to do the work, but only a few know how to get a 203k deal done right. The bids need to be handled just right to meet all the lender criteria. I learned this the hard way and almost lost my first 203k deal, so be sure you're working specifically with contractors that have successfully done 203k's before.
Another note, please make sure your lender has actually closed successful 203k's as well, because even with the best 203k contractor you will not close unless your lender knows exactly how to get these 203k's done. They aren't easy, but I assure you they can be done with the right team.
Broker (CDPE, CSP)
Saw your post and wanted to direct you to our website http://(www.newfreedomproperties.net) . We are a Licensed 203k Contracting Company in Las Vegas with experience and many systems in place that help streamline the process. Check us out. If you like what you see give us a call. Todd Volf @ 702.994.9231
DAVID COOPER Foreclosure Specialist with 35 Years Investing Experience. For a Free List of Bargain Homes, see website or Call +1-702-499-7037