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Best way to structure a payment schedule when a hard money lender who is loaning the rehab also

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When dealing with an owner who has a hard money loan who refuses to give a deposit on a $130,000 job that has a deadline in 4 months how many payments should I require. These payments would be upon completion of certain portions of the project. They also tried to get me to sign a lien waiver that stated I had been paid and post dated till due date of project. Needless to say I’m not trusting them and want to cover my but as best I can.

1 reply

Oct 20, 2021
I suggest you engage an attorney to review the contract and respond to the owner.
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