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Contractors who promise whenever you for cash payments are breaking the law, and may even therefore be prevented. Paying with cash is risky. If you must pay with cash specialists . protect yourself by obtaining a signed copy of the agreement prior to your work or payment and also of course, get yourself a written receipt for any cash you do give all of them with.

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We referred him 1 of our hard money sources who advanced $150,000. Richard paid the delinquent mortgage and gave the owner $25,000. He cleaned increase the building, eliminated the many housing violations on it, then formed a jv with a developer.