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Rehabbing & House Flipping

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Should I put a down payment down on a subcontractor?

Posted Nov 21 2019, 21:18

We recently bought our first flip and began to get estimates. One of the subs needed is a chimney repairman/tech. He recently gave an estimate for $6500 and wants $2500 down and the balance upon completion. Is it usual to require this much down, up front?

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