Contract with contractors. Saying there not making any money

[Joshua D.]

So my contractor is complaining about how hes not making any money and completely under bid the job. I bought the house based on his bid then i even helped him out and raised it another $8,000. Then again saying hes not making anything and had to borrow money from hos brother which is anotwr contractor and there working together. No hes saying all his bids are gonna go up tremendously. Im really feeling hes not gonna hold up his end and be able to complete the job with the funds left and draws. Very frustrating because he told me before i bought it the price and now saying was a estimate then i went back higher and coming to me complaining bascially. What to do?

[Bryan Devitt]

Do you have a contract that states the work to be done,  materials to be used, price to be paid, etc? How much is the total cost if you jumped it $8k and he's still not happy or making money? Either way, sorry, your under bid is not my problem. It is a learning experience that he is now paying for. I have under bid many jobs and never had the audacity to think that was someone else's fault or problem. You suck it up, do the work and try to do better next time like a responsible adult