I am sure we can bond around it with the title company or show proof that the loan has been paid.

Welcome to BP, Richard.If you are a Broker, yes, you may have multiple wholesale or lender origination agreements.The issue will be as being a broker under your name (business) and posting your own bond requirements and meeting net worth requirements and compliance issues as a broker.

I had a lengthy voicemail stating EVERYTHING, over a minute long.

Then, another angle may exist too, some deals that involve government funding or bond financing require by law that the loans be made on a non-recourse debt basis.These issues are the basis of making non-recourse debt.

I would be shocked squared if they would allow you to do this without a very lengthy track record of picking projects.

He has offered to sign an additional $5,000 construction contract for the "loan" so we can use his $12,000 bond as leverage.

Here it's highly regulated as well and requires a lot, a sign, a phone number, insurance, bond and on, and on.

Your HO policy doesn't cover contractors work or damages, that's a performance bond for his short comings.

You can do some searching on the forum for more lengthy recommendations, but my favorite iPhone app is Dropbox.

Sam J. this is a situation i've never been in before. i'm not certain to what length i should go. we're still working out the details. most advice i've read online, and as @Eric Belgau suggested, says leave the professional work to the professionals.