I'm about to start a big project to build a home office for around $28K. I've already paid a $14K deposit, and we have a signed contract with clear payment milestones. The contractor I've worked with before has sent me an unexpected message asking for an $8K advance payment from the final invoice. He mentioned he needs it to cover some surprise closing costs on a property he's purchasing. This request feels a bit off to me considering work hasn't even begun yet. Should I be concerned about this situation? Is it wise to deny his request or should I completely walk away from the project?
3 Answers
Absolutely not! This is a huge red flag. Don’t be tempted to float him that money. You’re not his bank, and it's risky to mix your funds with his other issues.
Whoa, that sounds super sketchy! Just tell him you can't afford to change up the payment structure as you’ve planned your finances based on the original contract. Keep a record of everything, just in case things go south.
I see your point, but if you've had a good experience with him before, maybe consider it? Cash flow issues do happen, and unexpected costs are common.
And definitely keep all communications documented, whether it's texts or emails, in case you need proof later.
From my experience, it sounds like he's trying to cover his own financial mess with your project funds. Unless you have absolute trust in him, it’s best to decline and stick strictly to the contract.
Yes, many contractors face cash flow issues, but if he's upfront with you about needing your money for something unrelated, that's a huge no-no.
I agree! It seems like he's trying to rob Peter to pay Paul. It's not worth the risk, especially since work hasn't started!
Exactly! If he was in a tight spot before starting your project, what's to stop him from running into more problems during it?