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All Forum Posts by: Kathleen Jones

Kathleen Jones has started 2 posts and replied 2 times.

Wondering if anyone has heard of or used Flooring Capital LLC for gap funding on any projects?

My partner and I recently walked a property. In talking with our contractor to schedule a walk thru to get a scope of work, he informed us the property belongs to one of independent HMLs whom he has worked with extensively. We spoke to the property owner and he offered to fund the project. Is this ethical / legal for the seller to be the lender on the sale of their own property? Just not a scenario we have run into yet. TIA.