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Jack B.
  • Rental Property Investor
  • Seattle, WA
1,051
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Well reviewed Roofing contractor 40% wants prepayment

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted

A well reviewed roofing contractor wants a 40% prepayment on an 8K roof job. They have great reviews online. I dealt with a plumbing company for a plumbing retrofit once and they had a similar request, which I obliged since they had fantastic reviews all over the web. In that case they had the best price of anyone and it wasn't that much money so I went ahead and paid it since they had great reviews.

I figured I'd check on the roofing situation though, this seems pretty typical to me. 

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Jeff Richardson
  • Lender
  • Irving, TX
76
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175
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Jeff Richardson
  • Lender
  • Irving, TX
Replied

I think 40% is acceptable, if you're concerned, you can always ask to pay for materials instead. 

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