If the NOD paperwork doesn't have the attorney information, how do you know the property is still in foreclosure and when the auction is going to be held? 

And just like those who market to homeowners by purchasing lists filtered with various criteria, you can do this with seller-held notes. 

As for taxes, I'd recommend connecting with a CPA or tax attorney who has experience with rental properties held in LLCs.

Can the property be held by an LLC that all 3 of us are memebers of? 

Are concrete footers the strips of concrete I see in mobile home parks sometimes that  are about 2 feet wide and 80 or 90 feet long... and the edge of the mobile home (the metal frame or chassis) is placed on the footer?

Banks typically lend based on secured assets, (owned real estate, precious metals, stock portfolios), etc.  

Just formulate prompt's and whatever that hand-held idiot box says is "the way". 

You would get the rest of your assignment fee at closing.4. take assign contract and deposit to title company so new buyer and your fee will be on HUD1.5. wait for closing to get your money.That is how I do it.Hope this has given you some clarity.I know this post is years old...but when you get the $1000 deposit from the buyer, do you have them give you a check or something personally or do you meet at the title company and have that $1000 deposit held with the title company?

I ended up using a combination of XL (each loan has it's own tab with loan details and amortization/payment table), Outlook Tasks/Reminders (to track upcoming due dates/maturity dates), and QuickBooks (for general ledger)...all held together with some bubble gum. 

Cantwell is even more odious than CI.In short we have determined to work with several agencies to see that CI is held accountable for the rip offs and scams that are perpetrated daily on the site.If you are truly in search of legitimate funding; private or otherwise, you will find that real, honest lenders have nothing to do with these kinds of sites.