It just takes a lot of daily massive action to find deals.

MelvinPerhaps you can BUY their property from them on WRAP Around financing basis You pay them on a WRAP AROUND Note (eg. perhaps $1.00 over their existing loan balance) of where they can LEASE the home you and also give you an option to buy SUBJECT TO their loan if or when you exercise the option.

We ran it in the basement 24/7 and emptied it daily.

The way tax liens work, the certificate holder gets to exercise their right under law to take ownership of the property (get the deed) when the redemption period expires and the owner fails to respond/ repay once the deed process has been concluded.

We talk daily and make big decisions together...   

Most equate forming an entity to asset protection, but completely ignore the action items  that should be done on a daily basis that actually protects against the claims from arising.

In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION. 

I am not a new investor :) but as someone who is working with them on a daily basis I will rank in order the buyers I am noticing:1.

In followup to the part in bold above, are these investors purchasing the right of redemption from the foreclosed party in order to exercise that right to "snatch" another investor's deal?

However, Lender will not exercise this option if such exercise is prohibited by Applicable Law.If Lender exercises this option, Lender will give Borrower notice of acceleration.