Unless terminated by court actions. :)It's entirely possible the original note holder abandoned all collection attempts post BK and is past the SOL on note collection in CA.

OTH, the payoff is a bit of intelligence that may lead you to an offer, especially if there are other liens involved, a senior lien holder will be squeezing junior lien holders to reduce amounts needed to give clear title, you can see how the game may be played out.

Hello all, I've been through some flips and holds, I have come across a few deals where I had a title company draw up a form to where a partner syndication deal is in place their investment is secured and accruing interest as a lien holder.

In this situation if I bought this as the lien holder could I apply for relief on behalf of the borrower??

Are the 'holders' in Oakland strong hands?

Omaha is actually pretty Airbnb friendly - warren buffet suggested his stock holders use Airbnb during their yearly Berkshire Hathaway meetings!

Hello Jim and Rachel,While an IRA holder is not allowed to be the formal property manager of record, they are certainly able to handle the decision making, and, depending upon the IRA provider's services, the paying of bills and the receipt of rent or loan payments can be online and for free.  

The seller/note holder will be listed as additionally insured.  

We continue to own both condos, and have rented them out - so this is a 100% tenant-occupied, 100% of units owned by one entity - hence non-warrantable building.When we first bought the property, we financed it as a 2-unit building, and the note holder had allowed the condo conversion to go through, adding a "condo-rider" to the existing note, which now encumbers both the condo parcels.I'm looking to refinance this loan to a fixed rate (it is an ARM that I should've refinanced to a fixed, but didn't) - would anyone know what my options are ?

I can see an interest as a lien holder, not an additional insured, much like a lender on a homeowner's policy, it's a loss payee.