How do I file a voluntary lien on my property for my lender?
I have a property I'd like to purchase with a cash offer, however I dont have adequate liquid cash. I do have the funds tied up in another property that's free and clear and am now seasoned and done renovating. I plan to cash out refi, but want to move quick to get this deal before it moves to the MLS. I have a contact that is willing to lend me the cash until my refi is complete, but asks that we place a lean on the new property to secure his funds in the event that I die.
I am having difficulties finding out how to file a voluntary lien on the new property. Surely many people here have done this. What steps am I looking at to complete this? All parties and properties are located in Ohio. Thanks in advance!
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