Lending proposalFor Real estate purchase and rehab ONLYIf hard money loan (no equity)1 point8% APR interest if monthly paymentsOr 9% interest if we can pay at the end of project90% purchase, 100% renovationInterest only paymentsUse “construction holdback” (draws as construction happens)If co-ownership in a flip:80/20 ownershipNo points or interest90% purchase, 100% renovationNo paymentsSplit net profit 80% to borrower, 20% to lenderExample: $100k purchase, $50k rehab, $200k sale.

(In order to close the refinance transaction, ownership must be transferred out of the LLC and into the name of the individual borrower(s).

Which means I need to open an account - have $$ transferred from retirement account to business bank account - then check written from there to purchase home.  

I hold in SFR notes, and I wouldn't do HM lending even where I had an ownership stake in the park.   

And just to clarify on the above, I thought a possible loop-hole would be the double-close as the agent acting as a wholesaler would be temporarily taking title in their name/ ownership, but for a salesperson the law says "A salesperson may advertise to sell property under his or her own name if the property is his or her principal residence"Compared to for a broker, "Any individual licensed as a broker or associate broker may advertise personally-owned property for sale or for lease in his or her own name."

Hi, I am trying to transfer funds over to the title company by using Plastiq.

You can transfer the $$ into your account to show the lender and then back again.....Why are they in her account?

I have a SFR rental in Las Vegas, NV that was recently transferred to me by quit claim deed from a parent.

Such as transfer of utilities and other associated issues.

Finally, does not take ownership for mistakes and blames others a lot.