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Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Kenny Ramsey
  • Rental Property Investor
  • Charlotte, NC
3
Votes |
7
Posts

Flipper won't pay me 80k I invested after house sold

Kenny Ramsey
  • Rental Property Investor
  • Charlotte, NC
Posted

Can anyone recommend a lawyer to help me go after this guy or any advice on putting pressure on him to pay me what he owes me.

We've done a deal on a previous house that worked out well. Decided to do another property with him and the guy won't pay out. 

I feel so sick and vulnerable right now. 

Most Popular Reply

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17,434
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30,083
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,083
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17,434
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Did you have a lien on the house? If you are lending on a flip, you want to have a lien on the house so when its sold you get paid off.

@Brie Schmidt had a similar experience...she might be able to recommend a course of action. 

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