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AR15.COM
5/6/2017 10:06:15 PM EDT
What should i know? Looking for a roofing contractor to repair roof
5/6/2017 11:33:12 PM EDT
[#1]
are there any special type of loans homeowners can get for renovations?
5/6/2017 11:39:33 PM EDT
[#2]
An equity line? 

Generally it's not a bad idea to keep a line of credit open of emergencies such as a new roof. So there isn't a delay for approval. 
5/6/2017 11:43:02 PM EDT
[#3]
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Quoted:
are there any special type of loans homeowners can get for renovations?
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Wells Fargo has a Home Improvement Visa, interest free for 12 months. I used it to re-pipe the house. Paid it off within 12 months.

Only valid with certain companies, though. Some roofing companies will have it, some won't.

Call Wells Fargo, or call your own bank about home improvement loans.
5/6/2017 11:44:40 PM EDT
[#4]
and actually this is for  a total roof replacement, not just a repair.
5/6/2017 11:50:50 PM EDT
[#5]
I don't know much about loans to fix your roof, but I sure as hell know about roof repairs! (I'm the Director of the Service Dept. for a large roofing company)

What kind of roof do you have? Do you have any idea what the scope of work for the repair will be and/or what the cause of the problem is? Have you already been dealing with any contractors? If so, describe what you've discussed.

Edit: So a full reroof changes things here, obviously. Still, what kind of roof do you have, what's the slope (approximate; inches:foot of rise:run), do you have a particular system in mind, and have you already dealt with any contractors?
5/6/2017 11:51:10 PM EDT
[#6]
After a bad roofing experience last November...  Chech the better business on the company everywhere. We checked ours that we hired A+ but he also had an office two counties over that was in court a lot that year. We paid with two personal checks. 1/2 up front "for materials" 1/2 when they finished. I don't remember the exact number but the total was around $16K. The crew did great work and were pleasant and thorough. I January we get a certified letter that there is a Lein on our property from the shingle supplier for $4400. The guy who did our roof never paid for them. We call the guy he says it's a " cash flow issue" very rudely. Well it is taken care of but we are out $500 in lawyer fees and a vacation day at work   If we would have checked their other locations we never would have done business with them. This happened to 20+ other houses as well
5/6/2017 11:56:15 PM EDT
[#7]
Quote History
Quoted:
After a bad roofing experience last November...  Chech the better business on the company everywhere. We checked ours that we hired A+ but he also had an office two counties over that was in court a lot that year. We paid with two personal checks. 1/2 up front "for materials" 1/2 when they finished. I don't remember the exact number but the total was around $16K. The crew did great work and were pleasant and thorough. I January we get a certified letter that there is a Lein on our property from the shingle supplier for $4400. The guy who did our roof never paid for them. We call the guy he says it's a " cash flow issue" very rudely. Well it is taken care of but we are out $500 in lawyer fees and a vacation day at work   If we would have checked their other locations we never would have done business with them. This happened to 20+ other houses as well
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Always ask for a release from lien.
5/7/2017 12:06:47 AM EDT
[#8]
Also, for a reroof job you can sometimes negotiate with the roofing contractor to finance you for a certain period, usually no more than six months or a year. Expect to have to put at least 1/3-1/2 down to cover the labor and materials. Not everyone will do financing and you'll be subject to credit approval, but it's something to inquire about. I finished a $34,000 job last week that was a 1/2 down with six month payments deal....
5/7/2017 12:19:24 AM EDT
[#9]
Quote History
Quoted:
I don't know much about loans to fix your roof, but I sure as hell know about roof repairs! (I'm the Director of the Service Dept. for a large roofing company)

What kind of roof do you have? Do you have any idea what the scope of work for the repair will be and/or what the cause of the problem is? Have you already been dealing with any contractors? If so, describe what you've discussed.

Edit: So a full reroof changes things here, obviously. Still, what kind of roof do you have, what's the slope (approximate; inches:foot of rise:run), do you have a particular system in mind, and have you already dealt with any contractors?
View Quote
It's only a 500 sq ft roof.

Flat

Material: not sure , but im pretty sure there's a membrane at  least 2 layers and topmost layer is silver color

There's a leak along one of the edges

I know for certain this roof hasn't been replaced in at least 20 years.
5/7/2017 12:42:19 AM EDT
[#10]
Quote History
Quoted:
It's only a 500 sq ft roof.

Flat

Material: not sure , but im pretty sure there's a membrane at  least 2 layers and topmost layer is silver color

There's a leak along one of the edges

I know for certain this roof hasn't been replaced in at least 20 years.
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View All Quotes
Quote History
Quoted:
Quoted:
I don't know much about loans to fix your roof, but I sure as hell know about roof repairs! (I'm the Director of the Service Dept. for a large roofing company)

What kind of roof do you have? Do you have any idea what the scope of work for the repair will be and/or what the cause of the problem is? Have you already been dealing with any contractors? If so, describe what you've discussed.

Edit: So a full reroof changes things here, obviously. Still, what kind of roof do you have, what's the slope (approximate; inches:foot of rise:run), do you have a particular system in mind, and have you already dealt with any contractors?
It's only a 500 sq ft roof.

Flat

Material: not sure , but im pretty sure there's a membrane at  least 2 layers and topmost layer is silver color

There's a leak along one of the edges

I know for certain this roof hasn't been replaced in at least 20 years.
Flat roofs do happen to be my specialty.
Sounds like a smooth asphalt built-up roof with an aluminum coating, most likely. If you mean by two layers that it has a separate roof underneath it then you will need it torn off before they install the new one. If you mean it's a two-ply built up then it could technically be "recovered" without the tear off. A tear off will add costs.

I'm guessing it probably has a metal or plywood deck. I would recommend 60mil reinforcemented EPDM rubber for your region. You could go with a mechanically fastened system to save on costs (this is assuming it's not a concrete deck - then you'd likely need to go with an adhered system). You could go with a TPO or PVC thermoplastic membrane as well, but I think EPDM is the superior material.

Depending on whether the building needs insulation or not will probably change the price by about $2-2.50/SF. Without having seen the roof, I'd ballpark the price at $5000-6000 for an uninsulated recover, $8500 for a tearoff without new rigid insulation, and maybe $10,000-11,000 for a tearoff with new insulation. If you will post some detailed 360 degree photos of the roof and a photo from the bottom of the roof deck then I can get a bit more specific.