So although it isn't always public information a CD holder in many instances is treated as the owner of the property. 

Tenant being able to withdraw funds when they are named as the primary account holder.

I've heard of instances where a buyer negotiated with lien holders to pay off a reduced amount of the debts upon settlement.

So flip A would have money from class a holders and class B from class b holders and kept them setup as different classes in our accountingThis will allow you to NOT have to setup multiple entities but it does not protect you on asset protection from a lawsuitProfits are separated by classes so if class A made 20% and class B made 5% it’s not combinedHappy to discuss this further as it’sConfusing since it’s written as a closed open ended fund

@Dave Foster can give details, but a 1031 is for properties held as an investment (not a flip), so a longer holder period helps verify this intent,

@Hoa NguyenHaving an underlying mortgage and selling by a cfd is not something I recommendSince that is the case in this instance where you remain on title and have a recorded mortgage against you the lien holder will require you to hold insurance and pay taxes.

Yes main goal is to refi the heloc from interest only to p and i and have a private lender become lien holder.

As a second lien holder you are purchasing property subject to outstanding first lien.

Then with the lien holder not being a big bank, but an individual; I am not sure they will want to repossess it, as they would have to pay to have it moved.

Suggestions: Insurance, the buyer selects the company and pays it and the note holder is listed as a "loss mortagee" that way if it get's close to renewal, you should get a notice as well about it and then you can check to make sure it's current.