Manolo,Just shot you an colleague request :)Regarding 203k loans, there are no special requirements for contractors other than they need to be licensed, and they need to understand that the construction finances come from a separate account and funds do not get released until work has started.

If you get any body else to meet we could all meet together if you want. 

I hear ya first one I have done in 42 years in the bizz... normally we just let it ride. and move onbut this one I put up 30k in EM release to seller.. then they just went totally dark..

I didn't hire an HVAC person to come out and it wasn't too difficult to get up and running after I figured out how to release the charge.  

You just need a "Release of Information" form, doesn't even need to be notarized just signed by the Seller/mortgagee then sent to the correct department at the bank.  

Good luck :)Hi Bill, I have been using an "option release" system of documents before Jan 2014.1.

Been about two months and not able to do much until I get the Dr release so been reading a lot with regard to working the flips and rehabs.  

@Blaine WalkerYou could get "an option to buy on sub2" from owner and sell the option to the buyer.I would record the option from the owner and charge an option release fee to the buyer.SUB2s HAVE RISK OF DUE ON SALE.  

Overtime and during strategic initiatives by the bank, they are released to the market place.

Then, I'd have a plan to get lender of record to release.