Your protection is language in your purchase contract requiring the deed provide you marketable title in fee simple and a professional title search and title insurance to cover you.

As she says after 20 years or so she can easily pull cash out for personal use.

They can just as easily change their move out which may ultimately hurt you financially more in the long run if they are delinquent. 

What value do you intend to provide your customers that those two options don't?

This might be because their credit score is too low or the house needs fixing.Although each lender can make their own rules about how to qualify a borrower and their investment, like needing a certain credit score; I believe that flexibility is the best thing about hard money loans since it provides each individual with vast amount of options.  

Is there a referral agent contract normally provided?

In my personal opinion this is a very small issue that can be easily handled in a Saturday afternoon Congrats on having 2 rentals in this market!

Hi we are in two unit condo and are looking for a HOA master insurance policy provider. 

Giving me the opportunity to better provide for my family and give back to my local community!

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