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Private Lending & Conventional Mortgage Advice

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Amy Solomon
  • Rehabber
  • Jacksonville, FL
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53
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Hml holding Reno funds in escrow. How does this work?

Amy Solomon
  • Rehabber
  • Jacksonville, FL
Posted Sep 5 2013, 14:37

How does this usually work? I've seen that they will pay straight to the contractor after verification of completed work. How does the gc like this?

What about the expenses that don't get paid to a gc. Like purchase and installation of window treatments, lighting fixtures, appliances etc. Like cleaning expenses and garbage haul away. Like landscaping. Etc. how do we get the money that we need for these types of expenses?

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