there was a follow up post where someone got a loan from them but for realistic rates  8% or so and few points.. under 6% private / hard money simply does not exist unless its a family friends type situation. that bank rates or lower right now for new construction or fix flip  

Hi Nirek - I deal with a lot of clients in your similar situation.

Your ultimate goal is to create a “Win-Win” Situation, for you and the seller.

If you’re using financing, this situation might also influence lender decisions.I have many rentals in Jacksonville FL and have had to evict three tenants.

The challenge is finding a partner who shares your vision and is willing to put in the work to make it a win-win situation.

On the other hand, a detailed quote with a higher total may offer more transparency and reduce the risk of surprises as the project progresses.I specialize in consulting services for situations like this, where I help clients evaluate contractor quotes, ensure transparency, and navigate the renovation process with confidence.

It sounds like you know how to avoid this in the future, so what to do with the situation at hand?

And frankly in many instances depending on the situation it could be beneficial for the owner to let it go.. as they are entitle to the overages..

I’m in a similar situation as most people on here.

More effective to door knock in some situations.