Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago,

User Stats

8
Posts
4
Votes
William Futch
  • Chipley, FL
4
Votes |
8
Posts

Fix n flip money in escrow

William Futch
  • Chipley, FL
Posted

Ok here is a Newby question.  I have been in construction for 15 to 20 years and been wanting to get into this  but have not been able to get all info to come together of how this is done. So with that being said after you get a private money lender and the money is put into escrow, how do you get the money to do the repairs. Can you get draws when work is being complete to pay or do I need to be able to pay for that out of my pocket until the project is complete. I am very glad to have found this site and apart of Bigger pockets.  I now see hope to being able to do this. For about 10 years I have been looking and ready to figure it out.  Looking do ward to all this place has to offer.

Loading replies...