Tomorrow I'll call my title company and run a more precise title check.Is it possible that lenders "forget".

We get the contract, they handle paperwork for every deal between title co and attorneys, etc. would also do bookkeeping and organizing of all our buyers and sellers.I would also like to bring in someone for acquisitions eventually although I think this will be an easier position to fill as I'm pretty clear on what I'd be looking for.

Of course, the basic always apply- pulling comps, check rental rates, tax records, look at the chain of title, etc.

You certainly need a title search and insure the transaction. ;)

These instruments were created to differentiate what a distributee is receiving, specifically title to real estate as to the condition that existed when the decedent owned it.

None of you post has anything to do with equity stripping that I see, try to title your posts to the subject.Check the terms of the HELOC, adjustable rate, index and margin and the call feature as well as conditions where they may stop making advances.

Those loans can be bundled and sold if it is a real estate loan using Title II financing.

However the card I do use have just my company name and my name and no title

If just one, you're a transactional broker, not a leasing agent, and you can't advise on either side, you simply facilitate the deal, brokers have ethical issues with this in putting someone in an installment contract and not being able to advise and additional liability.If someone puts a chunck down for an option and they can't get financing, say at the end of 2 years due to problems that should have been avoided, the broker becomes an easy target as well as the agent.I like options, the key to doing them successfully is knowing how to get the buyer financed at the end, not just putting them in a house, the deal is not done until title changes hands.

I know this is the kindergarten stage of REI but I do need anything for resources other than a lease-option contract, a real estate attorney to review the verbiage a title company to switch the names and a bank to put the money in: This will be my 1st deal and I feel like Im missing a lot more resources, not sure what though!