I know HUD only contributes $1,500 towards a junior lien settlement, but if the junior lien holder does not want to settle would HUD allow the buyer  to pay off the junior lien out of their own pocket?

@Derek Bleam What’s not clear is which LLC is the deed holder, the PA or Wyoming LLC?

When things go to hell they will make their rent payments --Visa will go unpaid but no one wants to be homeless

The deed holder/owner is no longer the insured.   

Suburban Denver cities fall into a few categories: 1) those with no STR regs (yet); 2) those where they require the license holder to be the primary resident; 3) those that do not include a primary resident requirement for a license.Of course do your due diligence, but I’m pretty sure Arvada, Wheat Ridge, Littleton and Centennial are in category 3.

Have LLC 1 as the lien holder on the title3.

If the existing mortgage holder (the note being assumed) will allow subordinate financing or a second lien position, it's possible to borrow part of the down payment difference and close both loans at closing.

Racial discrimination is often perpetrated through denials of housing opportunities to Section 8 voucher holders.

It will be difficult but not impossible to find a lender that will take second position and very likely the first lien holder will be apprehensive to a subordination agreement..The terms will not be as favorable likely in the 7-8%'s I/O but on a new mortgage there are investors that theoretically can finance 'unlimited' units..I think with our team it's 250+ up to $100M.

Hey Jon,If the seller (note holder) wants to receive cash for the note upfront.