That is what we are trying to do. We are looking into a 6 month loan right now. Just was wondering if there were other options, guess will keep looking at the loan.
Fraud? I thought a registered and licensed contractor could be used. Why would it matter if they were a friend? Also, nobody is talking about anything unethical, just needing to finish our home.
Here is something I didn't think of and somewhat off topic, but I have a girlfriend who is a GC, is licensed, bonded, insured and all of that. She at onetime said that if I wanted to do the work she could claim me as a 1099 and pay me a wage or fee for a particular project. Although I am...
So if we had our general contractors license we could have been the general or even been a subcontractor and fronted a couple of the trades and then been reimbursed by insurance? I understand that the mortgage company will only allow those that are licensed, bonded and insured to do the work...
Thank you. That is what I was afraid of. It is not, however what the field adjuster told us. I suppose, we should have never attempted to general the project ourselves. We thought we could save a bit and maybe even make a little for the headaches, but unless we were a licensed contractor...
Thank you for any information. I am looking for the document. It was early on and only a couple of pages. The field adjuster that came to our home said that the company once over the RCV could cut a couple of checks to pay subcontractors after a specialty or a couple specialties were...
Hello everyone. Thanks for any advice. Last fall we were flooded, in a federally declared natural disaster. Last month we finally were able to move back into our nearly finished home. The flood insurance isn't FEMA, but private through Lloyds of London... NFIC (commercial), with Crawford...