He will likely try to deduct money for the time he has already put into your.The trigger for me would have been either the fact you found out no permits were pulled and the nail in his coffin was his statement :He reassures me, says he is a reputable company, and he himself has 7 kids, and he wouldn't do this to me and my family.The guy is straight up conning you......the only "back door" is straight into your wallet. 

I've always loved Real Estate as my father was a General Contractor, owned a hardware store and sold his own houses.

It's always good if you can establish credit in your business separate from your personal credit.Start by getting some Net-30 accounts, then move up to trade-lines at local builder's supply places and hardware stores.

  :)  She also loves when I tell her to go to the big box hardware store and pick out paint, tile, etc. 

Post on here that you would like a similar deal and include the name of your town so the right people will see it who may be able to help you without draining your wallet.

I own single families and duplexes that are 50-70 years old and budget %4 for maintenance and 7% for CAPEX.Some typical maintenance expenses - Fixing window/door hardware, small plumbing repairs such as leaky faucets, minor electrical repairs, etc.

Stay away from the “guru” sales-pitch events - they rarely increase your investment knowledge, they merely empty your wallet!

So within a week I was sitting in a hotel conference room with about 300 other people and about $5K less in my wallet.

New hardwood floors throughout main level, new kitchen, removed wall between dining room and kitchen, recessed lighting, new tile work and fixtures in bathrooms, drywall point up and paint, new hvac, new interior doors and hardware, new carpet.

If you have to do any mechanical repair/replacement, windows, doors, hardware, etc., you will blow through $10K in a heartbeat