At 80% with above average (where we are targeting) we will see significant monthly surpluses.

You will probably have to go to the Excess/Surplus markets (Lloyds of London, etc.). 

If that does not work, you may need to get coverage through the Excess/Surplus markets (ie.

Hello,assuming 1st mortgage forecloses and it also names HOA as defendant.if there is a surplus above the final judgment of the bank, will the surplus cover the HOA liens?

I’m not aware of any state that allows what would be a junior lien and would be extinguished in the foreclosure sale to game the system and record the lien in the gap between notice of the sale and the actual sale.There are ways to legally address such “liens” when they do arise in the middle of a foreclosure… such as redemption or surplus or even a QT action. 

Unclear if the lien has expired, and if surplus funds would go to the COA According to the COA State laws i found this:Thelien is not effective 1 year after the claim of lien was recordedunless, within that time, an action to enforce the lien is commenced.The 1-year period is automatically extended for any length of timeduring which the association is prevented from filing a foreclosureaction by an automatic stay resulting from a bankruptcy petitionfiled by the parcel owner or anyother person claiming an interest in the parcel.

Mike,You may need to check on Excess/Surplus Lines (aka Lloyds of London, etc.). 

As for sources, in my area, there are businesses who specialize is refurbished items or surplus supplies. 

Hello, Chester County Housing Authority has a surplus of housing voucher holders waiting to find units.

Last year, I managed to pay off $40,000 in credit card debt, and I aim to do the same this year.My rental income provides around $4,000 surplus, but with $3,000 going towards debt repayment.