To most, its a delinquent borrower that is about to lose their home to foreclosure if they don't bring their loan current by some means, by some date, and if that is the definition you are using, that information is not publicly available in any "list" outside of a credit report, that you don't have access to, and neither does anyone purporting to provide you said list.

You are correct, you did not say to commit loan fraud.HUD states:"You may only break the owner occupant requirements if you relocate or establish residency in an area outside reasonable commuting distance from his/her current principal residence.FHA security instruments require a borrower to establish bona fide occupancy in a home as the borrower’s principal residence within 60 days of signing the security instrument, with continued occupancy for at least one year.Important: Under no circumstances may investors use the exceptions described in the table above to circumvent FHA’s ban on loans to private investors and acquire rental properties through purportedly purchasing “principal residences.”

Good luck with those Lenders who give out random POFs to you without knowing your history or your likelihood of finding a cashed up end-Buyer, in a format that will satisfy Sellers.That's one reason Wholesaling with little/no funds of your own is not as easy as gurus purport...

OK, BP-Landia, to pass the time waiting to hear back from my lawyers, allow me to share the following tale, edited here for brevity (believe it or not):Duplex in Houston TX, listed at $X68k; after extended negotiations, which purportedly included a new tenant on a year lease at $1400/month and promised repairs, went under contract for $X56.5k w 3d party financing.

If it were me, I would require a yearly subscription, to even out the revenue stream, but it could also be done on a true monthly basis with a higher charge for those who don't want to pay for the whole year.Even if the marketplace doesn't have historical data on its own, they should be able to gather the purported historical performance from the sponsor, and verify that in some way.

., you are purporting to bypass the agency altogether to do the same work on your own, when part of your job (I assume) is to obtain listings and sell listings to buyers so that the agency can get their cut. 

I have 1 kid, not 3 so I would never purport to know what that is like but I was able to pull it off just recently and am rehabbing the place now.See you at the meetup!

I was reading through their purchase and sale agreement and it says this"This contract may not be assigned by Purchaser without the prior written consent of Seller in each instance and any purported assignment(s)"I wasn't sure if this was normal in a purchase agreement. 

It refers to a written document that purports to convey good title but that for some reason that is not apparent from reading the title document (deed) does not convey legal title (or does not convey full title).You do not have color of title. 

During the 2019 Texas legislative session, the Texas Legislature passed SB 1642, which adds subsection (1) to Tax Code § 34.21 and clarifies that a property owner entitled to redeem property after a tax foreclosure sale cannot transfer his or her right of redemption to any other person, and any instrument purporting to do so is void.It is important to note general timelines for redemption, IRS liens have 120 days, federal liens have one year, ag and homestead will have 2 years, all other properties are 180 days from the date the deed is filed.Analysis of Legal Factors An attorney will want to review the foreclosure lawsuit to determine the relative risk factor of the following: notice to correct parties, violations of automatic stays, or insufficient legal descriptions.