You’re asking about a fractionalized loan, also called a multi-beneficiary loan.

However right now I think in Dallas county if you have any type of government loan you need to give 30 day notice if I remember correctly. 

The lender will only communicate about a specific loan with the borrower.

@John UnderwoodMost likely it was a land contract they were buying which also would include assignment of land contractFor deed of trust / mortgage you get the assignment and allongeI know they are coming out with improvements to the site.If you think the buying process is challenging wait till you have to transfer a loan for servicing (not a paperstac issue) but that process is like catching your nails on a chalkboard

The legislature may postpone the payment of taxes, but only in cases of emergency declared by the governor or a parish president pursuant to the Louisiana Homeland Security and Emergency Assistance and Disaster Act.

Purchase price: $310,000 Cash invested: $350,000 This was a full rehab 6 unit multifamily building.Our firm did everything from locating and acquiring the project, to managing construction, and then finished up by leasing out all 6 units for a premium rent.We used a construction loan to secure the property and do the rehab. 12 month term which we were able to do construction and lease out all units before taking out the original loan with a permanent commercial loan.

I hereby give you 30 days to vacate or qualify for a new lease with the appropriate business name, license, insurance, security deposit, and other requirements.

Just a simple online way to keep track of the loan, that tracks & receives payments, and increases the loan amount each month based on the agreed interest rate etc.I'm going to keep searching online but I'm sure there's a wealth of knowledge here and I'm willing to bet some of you have used multiple platforms.Please let me know if you have advice.Thanks!!!

A bank will give me a loan (if its ARV is good) and I can use that new loan to pay off the original home equity, and buy another home plus pocket the difference?

I have a verbal agreement to purchase the .59-acre parcel, but I would like to know if obtaining a commercial loan is feasible.