One of my rental's AC Air Handler Fan Motor finally went kaput after 33 years of faithful spinning.

If the loan is GSE/ Fannie/Freddie/FHA/USDA anything government backed there is no such thing.If the loan is hard money it may not show on anyone's credit UNLESS it goes into default then everyone will report it- the hard money company and whoever the spin off the servicing down the road.Changing the servicing in no way removes the contract, reporting, and responsibility of the borrower. 

I have weeks at a time where i feel discouraged and look back only yo realize how much i've grown Elliot I also would wager that a lot of those folks that you speak to spin the block and sell you their home.

This link is straight from the people promoting its usage, so probably has a positive spin, but very informative.

But presented with some spin.

As with many so called "experts" they never researched the underlying intent or purpose for a subject or have an understanding of the whole, and begin in the middle spinning their web to promote their agenda.

Not a fluff episode where he gets to put a spin on all the answers and make it look like everything is fine.

If newbies have some whizbang guru scheme to spin off a few dollars on a pre- or FC property, stay away, far away, as far as you can possibly get away.These matters have been up before here, a few whizbangs argued they knew what they were doing or what they did wasn't going to be in violation, whatever their financial interest was in promoting this stuff, they were not lawyers and the had no clue as to the breadth or depth of the ramifications of their actions, much less the risks involved.Another side, as to the issues mentioned above, any other party to that transaction, agent, title folks, bank, attorney, or even the seller's 3rd cousin who came over for dinner may very well see you as some scam artist and get on the phone getting who knows what authority involved.

@Jonathan Dick  you can spin it any way you want ... but those of us with experience understand what you do and how you do it.and for the record all my deals I do for my clients are NO money down 100% financed.. and I bet I do more a month than you do.. on top of that they make no payments its all accrual based.. and I have NO up front fee's not one dime. 

You can spin it either way.