Hope you're being careful in those Lonnie deals now, esay to get in trouble.I financed a park, the guy worked a deal with MH movers, many get hauled off and you can pick them up for moving fees and he picked them up pretty cheap and got titles.

Title of which is held in an multi-member LLC.

The title is not under either mine, nor the previous owners name.Who should I be contacting regarding the proper, legal, and cost effective way to deal with it?

Howdy BP,I'm seeking refs from my local REIA and google but wondered if anyone had standout recommendations for well-versed Title co's AND attorneys in LA area who know wholesaling and sub2, etc issues inside out???

I own a triplex titled as 3 condos and I can't get a gov't backed loan.

Understand that I must search the chain of title via a title search to find out if there are any problems.But now here is my question, without actually purchasing the property is there anyway I can "put it under contract" and then assign it to another?

I just had a lawyer write up the contract, and a title agency close the deal.

If the money is escrowed and she decides that she doesn't like the way the house was finished, the title company will probably not release the money to you until it's settled.

Once those are signed, the lender will send the funds to your LLC and you do with them what you want (within the bounds of the agreement, of course).If it's the second, you'll likely have a Promissory Note and a Deed of Trust (or mortgage) signed at the closing table, and the funds will be wired to the closing attorney or title company to be disbursed as necessary.

I read that title insurance is lost and this can be very dangerous in the long-term.