Updated almost 3 years ago on . Most recent reply
How to get FF&E funds - need your suggestions
What solutions do you suggest?
1. A lender included $200K of FF&E (furniture, equipments) in a real estate loan
2. Lender wants buyer to show paid invoices BEFORE closing, and to then disburse the funds to the buyer
3. The buyer doesn’t want to use his personal money to buy the FF&E before closing
What are the options for the buy FF&E and get those paid invoices prior to closing?