My best advice is to meet your lenders face-to-face at real estate clubs, conferences, or other professional events.

I was advised today by a retired real estate professional, who is licensed, that if you offer an application to someone for a loan, you must be licenesed by the DRE.

I heard this was an issue a long with bad or inconsistent call connection.Some of these concerns were brought on by reviews of other investors using it as I'm doing my due diligence, trying to upgrade from Podio to something more professional and robust. 

Readers should seek professional advice.

The input you are receiving from this wholesaler is garbage. 

its most unfortunate that you had to go through this deception and theft from someone who is considered a professional in this business. we definitely appreciate you putting the warning out about this character. as hard as it is to find a reliable experienced contractor nowadays its even harder to find one that's not a crook and a liar and that's truly pathetic.   

The "due on sale" clause (DoSC) obligates the seller to notify the lender if the property is sold.Failing to do so would place the seller in violation of this agreement, giving the lender the right to accelerate the loan.But no laws are being broken here.So, subto is neither legal nor illegal.Second, it only works because most lenders are more interested in receiving payments than in invoking the DoSC clause and foreclosing on the property.But, it can work, provided seller and buyer are both on board and the proper process is followed.

And the owner is very responsive to questions or issues (emailed him at night and received a reply within a few hours).  

I've received apps in the past where this was the exact situation only for the borrower to not qualify and be stuck. 

After closing, when the property taxes were due I never received any bill.