Looking for insight on flip financing. . .

[Sparkle Carlock]

Hi BP.! I'm trying to gain better understanding of how the money works when getting a HML for a flip. At this point, I've configured all the numbers and know that I'm able to get 100% rehab financed after my down payment. My questions here are:

1) how is the money from the loan held, handled and dispersed? 

2) How do the GC/subs get the money needed to actually do the job? .

3) How does the seller get payment for the property I've been approved to purchase? 

4) Do I have access or am I able to request the funds at some point?

I'd appreciate any advice or direction on how the process works immediately after purchasing the property has been accomplished :)

[Kerry Noble Jr]

The money to purchase the property is wired at closing.

The money for the construction will come in draws......that will come to your account after the work has been inspected. You pay the GC