HML Holds Title; Refi to Conventional Loan

[Zoran M.]

Hi all, 

The HML I've used for a number of deals holds the title to the properties that I flip w/ their financing. When I sell the property, they cut me a check equal to my profit on the deal. This is fine.

I would like to use the HML for a buy & hold strategy, which would obviously involve a refi after a 6-12 month seasoning period. However, since I do not actually hold title to the property (the HML does), that creates a bit of an issue for me. Typically we've done rate & term refi's with our lender (private money to conventional), but that would not be possible in this scenario as I do not hold the title and the HML does not hold the note.

Any sense of how I can get around this issue?  Could we put the title in escrow?