Look to bailee of personal property statutes and your responsibilities of having care, custody and control of personal property.

I want to do that again but 2008 hit and real estate took a plunge as you may well know, I went through a divorce and got full custody of my four kids.

I am married and one of our grandchildren is in our custody so that should cover it all.

In order to do so you need to create new self-directed IRA, rollover your current IRA in it and then you can start investing in non-traditional assets such as real estate.An alternative to custodial SD IRA might be Checkbook IRA (aka IRA owned LLC), which will give you the ability to bypass the custodian and have checkbook control over your retirement funds. 

And, depending on the policy of another lender, that first lender may "assign" the package to another lender, so long as it doesn't get out of the control and custody of the lenders. 

As of May 1, 2024, Paul Andrew Gulbronson is in custody.

My tenant is a single grandmother w custody of her 2 year old granddaughter and cannot afford more than $800/mo.

You have to remember, there are many people who are single, or are single parents with joint custody and just need the extra bedroom occasionally.

You may take physical custody of the original note as endorsed and you may give that to the servicer for custody or retain possession and put that in a safe, like a safe deposit box.Then you receive the request to accept the deed from the borrower and the quit claim deed can be made.

Hi Frankie-There are always (in every industry) companies out there that can give the rest of us a "bad name" but it is important to understand the difference between a custodial provider and one of Checkbook Control especially as it relates to real estate investing.