I’m currently going through the process of getting a HELOC and feel confident we’d be able to fund a purchase using that but using PML has ultimately been a goal of mine and would like to incorporate it into one of these purchases if possible. 

Iv'e been thinking of purchasing this after completing my hours. 

Foreclosure sale could sell at same price as original purchase, but with accrued interest and fees, all LP equity gone.At the end of the day, all LPs loses boil down to an issue with cash flow available and/or a decline in overall values.  

My mother purchased a property on 2011 for 480000 in California.

Business loans typically won't let you purchase a property if you read the fine print.

I am just trying to wrap my head around at what purchase price does this property cash flow. 

One was purchased a  few years ago by an out-of-state owner who has decided to sell and has doubled in value.

Most rehab loans offer 85 to 90 percent of the purchase price and 100 percent of the renovation costs.

Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”

Thus, purchasing an app/program that provides thousands of buyers might look impressive, but maybe not for me at this point, but would be something possibly to tap into if I go virtual wholesale??