In anti-deficiency states, lenders do not have as much leverage.

Almost zero deficiencies.

Question:Is it safe to say that a deficiency judgment on a seven figure short must still be negotiated away?

Pre-Foreclosure: Very similar to wholesaling as I am making money off the original buyers deficiency which the bank COULD go after the owner for.

Can he still get a deficiency waiver since he did use this as a PR at one time?

And all I can think is that there are serious structural deficiencies and this property should be condemned.

most likly you wont get a loan in your LLC... for the credit reasons.. unless you have big commerical LOCs with PGs attached .. then they will loan in LLC .. and sue on the pg.No PG usually means loan to you pesonally.. and if you then deed to LLC  does not matter you signed the note your credit is trashed.. and TEXAS is one state that will chase you for deficiancies  at least they have the right to.west coast state we have whats called purchase money Deed of trust NO deficancy is allowed by law if lender does a foreclsure through a trustee sale.. if they go judicial they can get one.if its owner occ.. no deficiancy is allowed on any purchase money.. 

If deficiencies are discovered that did not previously exist or were not previously disclosed, Buyer(s) may seek bids for repair and add the amount to escrow when using FHA financing.

If there is a chance of doing a deficiency, they may prefer to go to foreclosure then pursue the owner for the shortage.

2) Property is in CA- is a deficiency judgment possible on either the 1st or 2nd TD?