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Updated over 4 years ago on . Most recent reply
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GC went AWOL near end of a flip
Hello fellow investors. I had a contractor start great, but recently he's been AWOL on a flip that I have going in Earlewood.
Can anybody recommend a contractor that can come in and finish this flip out for me?
Thanks for the help - I know it's a pretty big favor to ask.
Most Popular Reply
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Originally posted by @Account Closed:
@Ruben Morgan are notarized partial lien releases common, or where’d you learn that? I’ve never experienced those, but I stay in my niche. It just sounds like a tense relationship from the beginning if you felt you needed those, but I may be ignorant on how common those are in some areas. I also don’t know your scope of work, so it could be a significant amount of work and $.
I've never had an issue with a contractor when I've asked for partial lien releases. I just feel it protects me that I have documentation both from my HML and my Contractor that work was done and paid for and that if anything happens it limits my potential liability.
It was just the way I was taught.