It might help, tagging Brandon himself on this thread?

my issue is you have someone you cant control still in title. if they get in a mess with IRS or some other issue next thing you know you have a buggered up title. 

It will go through a title company, transfer, and you will hold deed, get title insurance from seller, etc., - all like a normal transaction.

@Brian FeeIf you getting loan from private lender; then provide them title policy through title company.

And if you well the LLC rather than the property your buyer can avoid paying for a real estate closing and new title insurance. 

Make sure the $5K is not for other third-party fees such as any environmental, title or credit check expense.As for who can order an appraisal, I would defer to an actual appraiser but my understanding and experience is that appraisal regulations only impact regulated groups such as banks and therefore hard money lenders can effectively make up their own rules regarding appraisals since they are not regulated like banks and are lending their own funds.Finally, banks do not have the "right" to redline.

Be suspicious of anyone requiring or even asking you to send deposit money directly to them instead of the contractually agreed upon title company.I just declined to offer after doing just a little bit of research on a property and the wholesaler:The property was a Short Sale that showed as 'Under Contract' in MLS.

Maybe.Finally the 6 grand left covers the property tax and insurance with the first month rent or deposit and any other costs without a real estate agent taking more money as ill be the main guy making sure the proper paperwork gets done along with title insurance and the like, then we move in.

Just getting my wholesaling business started and looking for a title company/closing attorney in the Adirondack Park area who is familiar with wholesale transactions.

The PSA gets signed, You are given any documentation that is needed (seller's disclosures, rent rolls, t-12, bank records, sched C's etc, inspection is done, any re-trading due to BIG discrepancies in what your D&D found and what the seller declared to you, wait for title to be done and the financing to be complete sign the closing paperwork and get the keys.