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Updated over 2 years ago,

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15
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1
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Online escrow service for me to use to private lend?

Jamen Armendariz
Posted

Anyone know of any kind of online escrow service that can be used for when you lend money to someone?

For instance, say it's for a loan 25-50k the buyer has closed already on the property. They need some additional funds to partially finance a rehab project. I prefer to lend only if my loan is secured by recorded deed to the property. I would like to keep the funds in an escrow account where they wouldn't be released until I receive confirmation that a deed securing my name/LLC to the property has been completed. Is this something that is possible?

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