I tell my garage/estate sell holders (and others)  I pay 92% of a 30 day asking price minus commissions. 

I am trying to better understand the loan process and specifically want to know what sort of due diligence is done on the current lien holder on a property during a refinance, if any. 

As a holder of second lien on a mortgage what are the legal Costs of foreclosing a home in Ohio state I am looking at

You can simply ride your bike right into the house, prop it next to the dining room table, and use the bike's cup holder to hold your beer.

What about your inspection, was the soap holder there as would be expected given the dates? 

Though I have a promissory note and a recorded second mortgage, the current value of the property is not sufficient to satisfy the first lien holder and my loan, therefore foreclosure will result in locking in my loss.What options, if any do I have to recoup this six figure loss?

Can I negotiate the lien amount down with the lien holder?

Is there any due diligence done on the current lien holder in a refinance?

Be sure your current mortgage holder is ok with the transfer to LLC. 

When you apply for a HELOC will a lender just consider one of the title holders?