All Forum Posts by: Gary E. London

There seem to be a lot of equity share lending programs in the state of California where an investor will supply a down payment for a house or investment property while the occupier/buyer obtains a 80% loan and lives in the house. Both parties share in the equity growth. Are there any such programs in the Midwest (i.e Illinois)

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Try contacting the Note Servicing Center at (209) 966-3445. They will collect your gross payment and send the seller his net amount while the lender receives the P&I. Buyer and seller will also receive a statement every month.

Does anyone know of note buyers that are still doing simultaneous closings on commercial notes? There are a lot of active residential buyers still in the market. Some of the commercial buyers in the market are requiring that the first's months payment be made before they'll buy the note.