Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

128
Posts
18
Votes
Jeff Johnson
  • Real Estate Investor
  • La Plata, MD
18
Votes |
128
Posts

What draw schedule do you normall use.

Jeff Johnson
  • Real Estate Investor
  • La Plata, MD
Posted

My contractor is asking the below draw schedule and I wanted to see what you normally do. I know someone that has used him without any major issues. Just a few things came up to increase cost. 

"to be paid 1/3 when signing the contract, 1/3 in 3 weeks after starting the work,1/6 in 6 weeks after starting work, and 1/6 when the work is done."

Loading replies...