An alternative is to use a loan servicing company and they'll do that for you.If you just want proof of payments, make sure your borrower is paying with a check, so that the payments can be verified on bank statements when it's time to refi.Hope that helps.

Win-WinNow that you have this one under your belt, and before you are ready and capable of taking these down on your own, find another deal similar to this and before you find it, research strategies of how you can increase your profit through other alternative and creative means to wholesale it.For instance, rather thna double close the transaction and incur two escrow/title/recording fees, lock up the next contract in a trust and name your buyer as the beneficiary.

While I see some drivers that will push up the inflation rate, I also see some drivers that will hold it down or even produce deflation.A better way to plan for the future, IMHO, is to consider the effects of these different possibilities on your investment alternatives and then choose a strategy that fares reasonably well under a variety of different scenarios.I do think wild hyperinflation is a low probability outcome and would likely be accompanied by or produced by other unpleasant events.

I've thought that different terms refer specifically to different closing techniques, because it they are the same, why have different terminologies for it?

So, if you can find someone with access to the MLS to help you run comps (or better yet, can get access yourself), that's the number one choice.Now, if you can't get access to the MLS, RealQuest is a decent alternative.

Do we want to pay retail, heck no, do we want some alternative, absolutely.

Also an assignment of rents can be used, both of these triggered if 30 days delinquent.So there are numerous techniques to reduce the risk for the private lender.

I've been looking at the numeric keypads that allow multiple number combinations as a potential alternative (like this one: http://www.amazon.com/Schlage-FE575-PLY-505-Auto-Lock/dp/B00486U3WC/ref=sr_1_5?

Maybe your energies would be better directed towards finding alternative solutions to your problems rather than railing against situations you have no control over.

Ethanol was supposed to be an alternative to regular gas but it has since been shown to require more energy to produce than it saves.