And as @Jay Hinrichs mentions, in some states the borrower can reinstate and you become the owner of a paying (or in many cases, a non-paying note again) and you need to start the foreclosure process all over again.It sounds like you may have a tape from Kondaur, they are notorious for taking their loans right up to the foreclosure then dispose of them. 

Be wary of hard money loans; they can be pricey, often around 12% interest for newer, which can quickly eat into your profits and also require a high down payment.

If you're taking a DSCR loan you could choose an option with a lower prepayment period if you want the flexibility to refi sooner and don't mind a slightly higher rate in the meantime.

Their money is loaned so they should be earning interest.

Charitable remainder trust, opportunity zones, 1031 to another property, installment sales, accelerated depreciation of your next property etc

Have you heard of DSCR loans?

Usually the minimum loan amounts are higher compared to a 1-4 program with a loan minimum often of $400K.

But their loan-signers and experience straw people are nowhere to be found as you stand in court alone.My advice is to get experience first, investors second.

I bought a property through Miami Life Realty to ABC Capital Management with a loan from a company that I am not sure if it even exists, since there are many different companies with same name, but the address does not match anywhere and on the papers i've signed there is not any representative from the lender's company.

But, since you're looking to buy a primary residence in California, this might not fit your plans right now.Structured Installment Sale: This is a way to spread out your profit over several years by receiving the payment in installments.