Delayed finance / creative title recommendations in ohio?

[Elaine Lai]

I am enamored with the delayed finance approach that you detail and still trying to wrap my brain around this as a new investor about to close on my first (!!!!) flip in Cleveland. The idea makes sense as does delayed finance, but the small subset of lenders that do delayed finance, nearly none seem to know how the rehab costs are wrapped into the delayed finance package. The last lender indicated it was the title company that would draft the HUD statement, and in which case, I would need to find a title company that was creative and progressive enough to wrap the rehab into the settlement statement. Her sense was that most probably would not. Any recommendations on a title company that knows this process and willing to include rehab costs on the HUD statement similar to @alexanderfelice example here; https://www.brokeisachoice.com/house-6/ with much appreciation, Elaine Lareina

[Anthony Bonaiuto]

@Elaine Lai I’ve worked with “Progressive Land TItle Agency” they’re pretty well known in Cleveland. Give them a try. I have the same outlook and loved Alexander Felice’s broke is a choice blog! That 9 week BRRRR with delayed financing was awesome! Working on closing a Tremont double with the same method. Best of luck to you Elaine!