To get money out of the brokerage account and back to the custodian, you would direct the brokerage holder to send a check to the custodian.

The mortgage holder might or might not call the loan, assuming the even figure out what you've done.

Many of the cases I have seen show a 1st at 82% or higher and almost zero for the holders of the junior liens.I will stop here.

The IRS would disallow the LLC to deduct the mortgage interest because they are not the mortgage holder.

More likely if you approach the junior lien holders but you need to understand if the property has enough value to cover the junior liens.You can buy at auction.

As the junior lien holder you have the right to step in and bring the 1st current.

thank you- but maybe im not being perfectly clear-an associate of mine OWNS the property already--he has been rehabbing it to sell and needs more rehab capital--i am going to give him that capital, BUT, i want to be secured in case anything happens and he cant complete the rehab--i dont want just a promissory note, i want to be a lien holder on that property with the stipulation that if he doesnt finish the rehab and close on the sale to the end buyer, then I can take over that property--hope this helps--thanks so much

A large competitor of mine in the area is offering this service and the jist of what I am understanding his goal is to negotiate a repayment plan that both the bank and the mortgage holder agree upon (ex: client is 3 months behind with a 750 a month mortgage.

What makes this simple is that the buyer you brought to the table establishes a contract with the title holder, so there are no seasoning issues.

And when the housing market turns around, the value of my properties will improve dramatically, so I want to buy while the market is bad.There are exceptions to every rule, of course, and we haven't bottomed, but in twenty years I think that buy-and-holders who took advantage of this environment will be glad they did....