FlippingThe

Stage 3: Build

How long a flip takes: the phases in order

A flip can take a few months or much longer. Length depends less on the size of the house than on the depth of the work, permit review times, crew availability and the market at sale.

The phases

Each phase has a clear finish line. Moving to the next phase before the current one is done is a common source of delay later.

  1. 01Research

    Learn the local market with a licensed agent. Line up financing questions for a lender.

    Done when: You know what similar finished homes look like.

  2. 02Evaluate

    Walk the property, read the disclosures, get inspections inside any contract contingency period.

    Done when: You know what is wrong with the house.

  3. 03Close

    Title search, insurance and closing through a title company or attorney.

    Done when: You own the house and it is insured.

  4. 04Plan and permit

    Write the scope, get contractor bids, apply for permits with the building department.

    Done when: Permits issued, contract signed.

  5. 05Demo and rough-in

    Remove what is coming out, fix structure, run new plumbing, wiring and ducts.

    Done when: Rough-in inspections passed.

  6. 06Finish

    Drywall, paint, cabinets, flooring, fixtures, then a punch list.

    Done when: Final inspections passed.

  7. 07Sell

    Listing, showings, buyer inspection, repairs requests and closing.

    Done when: Sale closed.

What slows a project down

  • Permit review. Plan review and inspection scheduling vary by department and season. Ask the building department about current wait times.
  • Hidden conditions. Rot, old wiring or a failing drain found after demolition adds work and sometimes a new permit.
  • Trade scheduling. Electricians, plumbers and other trades work in sequence. One late trade can hold up the next.
  • Materials. Special-order items such as cabinets, windows or certain fixtures can have long lead times. Order early or choose items in stock.
  • Decisions. Crews wait when choices are not made. Settle finishes before work begins.
  • Weather. Roofing, exterior work and concrete depend on conditions outside.

Getting the sequence right

Most renovations follow a similar order. Demolition comes first, then structural repairs. Rough plumbing, electrical and ductwork go in next, followed by rough-in inspections. Insulation and drywall come after inspections pass, then paint, cabinets, flooring, trim and fixtures. Final inspections and a punch list close the work. Skipping ahead, such as closing a wall before its inspection, can mean opening it again.

The selling phase

Selling takes time too. Listing, showings, an offer, the buyer's inspection and appraisal, repair requests and closing all happen after the work is done. Market conditions affect how long that takes, and nobody can promise a date. A local agent can explain how long homes are taking to sell in the area at the time.

Planning the timeline

  1. Write down each phase with its finish line.
  2. Ask your contractor for a schedule and the building department for current review times.
  3. Add time for inspections, material deliveries and the sale.
  4. Leave room for surprises, the same way your budget keeps a contingency.
  5. Review the schedule each week and update it when something changes.

Time and money are linked through holding costs, so a realistic schedule also protects the budget. See the risks guide for what can go wrong along the way.