Your first lien holder bank will definitely want to know why this person is lending you down payment money and what their interest is in the property. 

Makes sense.How about the lien holder?

The intent of a Quiet Title action is Not to remove legitimate holders from title.....it is for errors, fraud, verifications of other legal processes (tax sales, etc.). 

They also said they were a lien holder and were not notified of the tax sale.  

Hard money lenders many times will let you invest in their short term debt.. ( these are commercial purpose)One thing I get a lot of is direct mail.. its exactly the same method that real estate wholesalers use.they search public records.. get lists of private owners of notes.. ( usually the target is a seller carry back) and then they blast out direct mail offering to buy the note from the current note holder.. the pitch in 99% of those is all the same  same buzz words..

We are actually seeing some of this in SF where rents are being capped by continued condo supply and appreciation has slowed down vis a vis SFH.

Anything that belongs to the IRA should go back to the IRA.If the IRA account-holder takes those funds personally, there is a possibility of adverse tax consequences.   

The second application came from another very nice couple who are in the U.S. as legal residents from Europe (they have Visas until 2020).

I would love to meet investors involved in flipping as well as buy and holders.

@Curtis Moe Thanks for the feedback - one thing I should have mentioned, the GC video is a place holder for now and I'm hoping to have a professional looking interview recorded that gives the website a personal touch and resonates with mom-and-pop sellers.Your thoughts on MSP align with what I've researched - if I end up getting anything out there soon it would have to be a value add 4-plex to hopefully insulate myself from any potential devaluation.Awesome to hear you're looking at Upstate as well, I'm familiar with the Elmira/ Horseheads area which is right next to Steuben County - just send you a request as I'd love to hear how that part of CNY works for you!