Contractor asking for a bonus

[Andrea L Eskew]

I'm a new investor working on my first flip. I've got a contractor who asked if he discounts the labor up front, if I'd give him a good bonus if the house sells for a lot more, so I would give him more work on additional flips. Originally we were going to fix up the house and sell as it is, size wise. But he said we could add a bunch of space, which would significantly increase the value and make us a lot more money. Having run the numbers, I would say he is correct. What sounds like a reasonable amount? A set dollar amount? A percentage of profits?

[Jay Hinrichs]

Originally posted by @Wayne Brooks:

......and permits.

don't do it don't do it don't do it.. if you can do minimal work get in get out get paid..  if you are not experienced this could go horribly wrong.. not worth the risk  is my thought