Real Estate Law
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I am sorry to hear about this situation. Can you please clarify:
1) Did you and your investor have a contract where he would pay the second draw?
2) Did you use a second contract to finish out the work once the investor backed out?
3) Was the contract with the first investor for work for the $25k, or, for more, but you cancelled the contract because your investor backed out?
This is not an answer, but an information request. I need this information to answer your question. Please reply, so I can answer your question. Thank you in advance.