Dave, in this situation, does a right of redemption get created because the second lien holder now has an interest in title?

I have several investors considering the deal and the feedback is that they are happy with the returns offered but being a minority stake holder is too risky.

Here in CO, junior lien holders do have redemption rights.

Controllers use "flight strips" to track aircraft, back then they were thin paper strips that slid into a holder and the holder was laid on a rack that was tilted back so that if you took the bottom holder off the rack, (like that plane landed) the rest would slide down and you'd then work the next in line.

I have spoken to one different provider here in CO that said they always go after the account holder for delinquent accounts - bill follows the individual, not the property.

However, one's IRA cannot transact with the IRA account-holder; doing so is a "prohibited transaction."

I would think this defeats the purpose to assume the mortgage of the mortgage holder who is foreclosing? 

Most banks will not accept cash deposits by someone other than the account owner holder or a atm card holder  for the account.

So posting here, if anyone is still looking for it:For a property under loan (with\without entity), if sued, the first right of payment would go to bank, since Bank is first lien holder.

I believe the first step is to check with your current mortgage holder and see if you can remove the MI.